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18 Internet Stocks And What To Do With Them
Wednesday, April 11, 2018 - 3:13pm | 993Monness Crespi Hardt updated its coverage of 18 popular internet stocks. The firm has mixed reviews of the space, and its commentary and ratings suggest investors should be careful in choosing their internet portfolios these days. Here’s a rundown of what Monness Crespi Hardt analysts had to...
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Why One Analyst Is Incrementally More Bullish On His Top Pick: PayPal
Thursday, July 13, 2017 - 10:20am | 480Monness Crespi Hardt analyst James Cakmak is now the most bullish Paypal Holdings Inc (NASDAQ: PYPL) analyst on the Street, reiterating a Buy rating and upping his price target from $54 to $70. The firm’s “top idea for 2017” has an average price target across analysts of around $...
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Snapchat Finally Gets A 'Buy' From The Sell Side
Monday, March 20, 2017 - 1:22pm | 431Snap Inc (NYSE: SNAP) has finally won over its first sell-side analyst. After a plethora of Sell and Hold initiations, analysts at Monness Crespi Hardt initiated coverage of Snapchat's parent company with a Buy rating and $25 price target. According to the analysts, initiation of the very new...
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Monness Crespi Hardt Downgrades Facebook Citing Diminishing Upside
Thursday, July 28, 2016 - 10:24am | 340Facebook Inc (NASDAQ: FB) its Q2 results significantly ahead of expectations. Monness Crespi Hardt’s James Cakmak downgraded the rating on the company from Buy to Neutral, saying there seemed to be “diminishing upside to revenue prospects during our projection horizon.”...
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Shopify Soars After Bullish Analyst Notes
Wednesday, June 29, 2016 - 5:49pm | 190Shares of Shopify Inc (NYSE: SHOP) rose 6 percent after Monness Crespi Hardt initiated coverage with a Buy rating and a $35 price target. Analyst James Cakmak sees "further widening of the competitive moat, if not a takeout" in Shopify down the line. Salesforce.com, inc. (NYSE: CRM)...
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US Stock Futures Signal Lower Start On Wall Street
Tuesday, August 11, 2015 - 7:43am | 442Pre-open movers US stock futures traded lower in early pre-market trade. Data on productivity and costs for the second quarter will be released at 8:30 a.m. ET, while wholesale inventories data for June will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average dipped 98.5...
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Concerned About Facebook's Ad Revenue Growth Slowing Down? This Analyst Says You Shouldn't Be
Thursday, July 30, 2015 - 3:08pm | 323Although Facebook Inc (NASDAQ: FB) reported second-quarter numbers above expectations, investors sent the company's shares lower on Thursday fearing increase in expenses and slower growth in ad revenue going forward. According to James Cakmak, Internet Equity Research Analyst at...
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Finish Line Worth $34/Share Now, Monness Crespi Hardt Says
Monday, June 29, 2015 - 10:23am | 212In a report published Monday, Monness Crespi Hardt analysts maintained a Buy rating on Finish Line Inc (NASDAQ: FINL), while raising the price target from $29 to $34, after the company reported a solid 1Q beat. Finish Line reported its 1QFY15 EPS at $0.30, beating the Street estimate of $0.24....
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How Is Apple Slowly Working Towards Ending Google's Search Dominance?
Tuesday, June 9, 2015 - 2:46pm | 361James Cakmak from Monness Crespi Hardt recently wrote a report in which he argued that Apple Inc. (NASDAQ: AAPL) is working on improving search functionality on its own platform, which could pose as a threat to search leader Google Inc (NASDAQ: GOOGL). Cakmak was on CNBC recently to shed some...
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Monness Crespi Hardt Initiates Fidelity National Financial With Buy
Monday, March 9, 2015 - 8:46am | 69Analysts at Monness Crespi Hardt initiated coverage on Fidelity National Financial, Inc. (NYSE: FNF) with a Buy rating. The target price for Fidelity National Financial is set to $43. Fidelity National Financial shares have gained 32.58% over the past 52 weeks, while the S&P 500 index has...
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Monness Crespi Hardt: GrubHub Shares 'Not Cheap,' But a Buy
Monday, February 2, 2015 - 9:40am | 181Monness, Crespi, Hardt & Co. initiated coverage on GrubHub Inc (NYSE: GRUB) with a Buy and a $42 price target. The analysts see GrubHub as an early player in the $50 billion food delivery and takeout market. GrubHub, with $2.3 billion in revenue, has just 5 percent penetration, providing...
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5 Stocks To Watch On The First Day Of 2015
Thursday, January 1, 2015 - 3:38pm | 498Wall Street was busy on the last day of 2014. So, what should traders watch to start the New Year? Honeywell International Honeywell International Inc. (NYSE: HON) recently saw Jefferies reiterate its Buy rating on the company. The firm also boosted its price target from $105 to $...
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Nike Has Best Foot(wear) Forward, Says Argus Research: Here Are 3 Other Fashionable Options
Friday, December 26, 2014 - 3:54pm | 487Argus Research analysts on Friday reiterated a Buy rating for Nike Inc (NYSE: NKE), raising the price target from $102 to $110. This implies an upside potential of approximately 14 percent from the current price point. Nike traded recently at $97.01. Five other research firms have issued...
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After The Monsanto Downgrade, Where Else Can Traders Look?
Friday, December 26, 2014 - 10:16am | 551Monsanto Company (NYSE: MON) shares were down on December 23 following Miller Tabak's decision to downgrade the stock from Buy to Neutral. Earlier this month, the stock received another downgrade from Monness Crespi Hardt. Given this sentiment, are there other options for...
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After Oppenheimer's Latest Rating On Twitter, Here's How Peers Are Looking
Monday, December 22, 2014 - 6:40pm | 356Twitter Inc (NYSE: TWTR) has been trading close to the low end of its 52-week range lately. Nonetheless, Oppenheimer analyst Jason Helfstein doesn’t seem to see upside potential in the stock for the upcoming months. The research firm initiated coverage of the social media company with a...