-
Power Up: Analysts React To Activision Blizzard's Acquisition Of Candy Crush-Maker King Digital
Tuesday, November 3, 2015 - 12:28pm | 1057Read More...Activision Blizzard, Inc. (NASDAQ: ATVI) announced on Monday its wholly owned subsidiary, ABS Partners, will acquire King Digital Entertainment plc (NYSE: KING) for $18 per share. The deal represents an approximate 20 percent premium to King's closing price on Friday. Wall Street...
-
Piper Jaffray Reiterates Overweight On Priceline Ahead Of Q3
Friday, October 30, 2015 - 2:35pm | 417Read More...Shares of Priceline Group Inc (NASDAQ: PCLN) hit a new 52-week high of $1,464.96 on Friday and are now higher by nearly 30 percent year-to-date. Michael Olson of Piper Jaffray maintained an Overweight rating and $1,540 price target ahead of the company's third-quarter earnings report, scheduled...
-
Piper Jaffray: Priceline's Negative Issues 'Stabilizing Or Becoming Positive,' Reiterates Overweight
Tuesday, August 25, 2015 - 10:40am | 348Read More...Shares of Priceline Group Inc (NASDAQ: PCLN) have dipped around 15 percent since its second-quarter print despite reporting numbers above Street estimates and issuing in-line guidance. Michael Olson of Piper Jaffray commented in a note on Tuesday that the downward move in the stock actually...
-
Video Game Consoles Are Entering Their Sweet Spot: Here's How To Play It
Monday, August 10, 2015 - 10:46am | 404Read More...In separate reports published Monday, Piper Jaffray analyst Michael J. Olson said that new generation consoles had been received well and appeared poised to drive sustainable software growth, especially for video game publishers. Olson commented, "We expect that CY15 & CY16 will be the...
-
Activision Is Still Rewarding Investors, And More Call Of Duty Is Coming
Wednesday, August 5, 2015 - 3:54pm | 398Read More...Following the company’s recent Q2 earnings beat, shares of video game giant Activision Blizzard, Inc. (NASDAQ: ATVI) were soaring more than 13 percent on Wednesday. But with the stock now up more than 44 percent so far this year, should shareholders be taking profits? Pacific Crest...
-
Analysts Agree: Activision Has Clear Upside
Tuesday, August 4, 2015 - 11:29am | 476Read More...Activision Blizzard, Inc. (NASDAQ: ATVI) is scheduled to report its second-quarter results after Tuesday's market close. The Estimize community (based on 30 estimates) is expecting the company to earn $0.11 per share on revenue of $675.84 million. The Wall Street's consensus estimate is...
-
Piper Jaffray Sees Fundamentals Helping Priceline, But Less Favorable For Expedia
Monday, December 29, 2014 - 4:11pm | 158Read More...Piper Jaffray analyst Michael Olson noted that online travel data continues to “appear favorable” with strong results in the U.S. and Europe. The travel trends and online growth may be positive for Priceline Group Inc (NASDAQ: PCLN) especially considering its “...
-
Piper Jaffray Defends Priceline, Calls Sell-Off A Buying Opportunity
Tuesday, November 4, 2014 - 12:37pm | 161Read More...Shares of Priceline Group Inc (NASDAQ: PCLN) tumbled on Tuesday following the company's weak third quarter results and troubling fourth quarter guidance. Michael Olson of Piper Jaffray defended shares on Tuesday, noting the more than 8 percent drop in share prices creates a buying...
-
UPDATE: Piper Jaffray Upgrades King Digital, Anticipates Strong Q2 Performance
Monday, July 7, 2014 - 10:47am | 120Read More...In a report released Monday, Piper Jaffray analyst Michael Olson upgraded King Digital Entertainment (NYSE: KING) to Overweight, while increasing its price target from $19 to $28 per share. Olson believes King's second quarter results holds the potential to exceed the firms expectations,...
-
Piper Jaffray Says Netflix Is Leading The Pack In Content
Thursday, July 3, 2014 - 9:19am | 78Read More...In a note released Thursday, Piper Jaffray analyst Michael Olson said Netflix (NASDAQ: NFLX) has a "significant lead" in content compared to rivals Hulu and Amazon. According to his analysis, Netflix has widened the gap in movies and has an unparalleled following for its original...
-
Analysts Almost Unanimously Bullish On Candy Crush Maker
Tuesday, May 6, 2014 - 5:03pm | 1509Read More...King Digital Entertainment (NASDAQ: KING) on February 18 filed for a $500 million IPO on the New York Stock Exchange. King is best known for its extremely addicting Candy Crush app. King saw its net profit surge to $567.6 million in 2013 from $7.9 million in 2012. The company derived most of...
-
Console Sales Jump, Game Sales Fall In December As Holiday Shoppers Step In
Friday, January 17, 2014 - 4:00pm | 594Read More...In a report published Thursday, Wedbush analyst Michael Pachter analyzed the Software entertainment sector noting the disappointing software sales. Pachter noted that December U.S. console/handheld software sales were down 17 percent compared with last year at $1.28 billion. This was also below...
-
UPDATE: Piper Jaffray Maintains On TiVo On Limited Downside And Positive Secular Trends
Wednesday, November 27, 2013 - 8:57am | 184Read More...In a report published Wednesday, Piper Jaffray analyst Michael Olson maintained an Overweight rating on TiVo (NASDAQ: TIVO) and raised the price target from $15.00 to $15.50. In the report, Piper Jaffray says "TiVo reported strong Q3 operating metrics with a record breaking 295k net MSO sub adds...
-
UPDATE: Piper Jaffray Lowers PT on Zynga on Significant Workforce Reduction
Tuesday, June 4, 2013 - 8:28am | 198Read More...In a report published on Tuesday, Piper Jaffray analyst Michael Olson lowered the price target on Zynga (NASDAQ: ZNGA) from $3.50 to $3.35 and maintained a Neutral rating. In the report, Piper Jaffray noted, "Zynga announced an 18% workforce reduction yesterday afternoon that is expected to...
-
UPDATE Piper Jaffray Upgrades HomeAway on Better Pricing Leverage
Friday, May 31, 2013 - 9:36am | 144Read More...In a report published on Friday, Piper Jaffray analyst Michael Olson upgraded HomeAway (NASDAQ: AWAY) from Neutral to Overweight and raised the price target from $32.00 to $36.00. In the report, Piper Jaffray noted, "We surveyed 30 HomeAway vacation rental owners and managers. The results of...
