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Keep An Eye On Amazon's M&A Binge
Tuesday, February 16, 2016 - 11:21am | 266Read More...The share price of Amazon.com, Inc. (NASDAQ: AMZN) has appreciated 36.46 percent over the past year, touching a high of $693.97 on December 29. Pacific Crest’s Brent Bracelin has maintained an Overweight rating on the company, with a price target of $800. The upcoming acquisition of...
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Pacific Crest's Confidence In LinkedIn Is 'Shaken,' But Thinks Selloff Is Overdone
Friday, February 5, 2016 - 9:47am | 339Read More...LinkedIn Corp (NYSE: LNKD) shares have dropped 23.87 percent over the past three months, touching to a low of $188.03 on January 27. Evan Wilson of Pacific Crest has maintained an Overweight rating on the company, while lowering the price target from $280 to $190. Wilson stated that...
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Pacific Crest: Avoid Tesla
Tuesday, February 2, 2016 - 10:22am | 301Read More...Tesla Motors Inc (NASDAQ: TSLA) shares have declined 26 percent over the past six months, to a low of $188.07 on January 27. Brad Erickson of Pacific Crest has maintained a Sector Weight rating on the company. Following channel checks, Erickson expressed increased caution on the stock,...
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Take A Look At Amazon's 'Aggressive' Expansion Plans For AWS
Monday, January 11, 2016 - 11:26am | 311Read More...The share price of Amazon.com, Inc. (NASDAQ: AMZN) has appreciated 106.27 percent over the past one year, rising to a high of $693.97 on December 29. Brent Bracelin of Pacific Crest reported that Amazon had confirmed plans on January 9 to “aggressively expand” AWS’ data...
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Hargreaves: Apple Set For Lower Trough In iPhone 6s Cycle, But 7 Set For Growth
Friday, January 8, 2016 - 11:00am | 363Read More...The share price of Apple Inc. (NASDAQ: AAPL) has declined 23.26 percent over the past six months, dropping to a low of $96.45 on January 7. Andy Hargreaves of Pacific Crest has maintained an Overweight rating on the company, while lowering the price target from $142 to $132. While...
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Mindbody Has 30% Upside: Pacific Crest
Friday, December 18, 2015 - 11:01am | 295Read More...The share price of MINDBODY Inc (NASDAQ: MB) has appreciated 27.6 percent over the past six months, almost touching its 52-week high on November 23 at $18. Brendan Barnicle of Pacific Crest has reiterated an Overweight rating and price target of $19 on the company. Barnicle believes that...
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Stifel Cuts GameStop Estimates After New NPD Data Release, PacCrest Calls It 'Shockingly Bad'
Friday, December 11, 2015 - 12:43pm | 457Read More...The share price of GameStop Corp. (NYSE: GME) has declined 30.71 percent over the last month, dipping almost to its 52-week low. Stifel’s David A. Schick has maintained a Hold rating, while Evan Wilson of Pacific Crest has maintained a Sector Weight rating on the company. The NPD...
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Pacific Crest Concerned About Oracle's Financial Model Following Channel Checks
Wednesday, December 9, 2015 - 10:16am | 261Read More...Pacific Crest Securities issued a report on Oracle Corporation (NYSE: ORCL) highlighting the company after checks showed Oracle is gaining traction in the cloud. Currently, Pacific Crest rates Oracle as Sector-Weight while a price target is unavailable. Brendan Barnicle and Trevor Upton, analysts...
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On Deck Capital Downgraded At Pacific Crest, Risk-Reward Out Of Whack
Friday, December 4, 2015 - 10:30am | 288Read More...The share price of On Deck Capital Inc (NYSE: ONDK) has declined 49.09 percent year-to-date, from a high of $23.90 on January 2. Josh Beck of Pacific Crest has downgraded the rating on the company to Sector Perform. Beck prefers to move to the sidelines, given the rising model maturity,...
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How Deals, Customers Are Helping Calm Fearful Tableau Software Investors
Friday, November 6, 2015 - 11:58am | 256Read More...Tableau Software Inc (NYSE: DATA) shares have appreciated 25.6 percent over the past month, surging to $102.15 on November 6. Pacific Crest’s Brent Bracelin has reiterated an Overweight rating on the company, with a price target $138. Bracelin believes that the increase in large...
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Why This Analyst Remains Cautious On Tesla Despite Model 3, Gigafactory Optimism
Wednesday, November 4, 2015 - 11:13am | 310Read More...Tesla Motors Inc (NASDAQ: TSLA) shares have declined 14.17 percent over the past three months, touching a low of $206.93 on October 30. Pacific Crest’s Brad Erickson has maintained a Sector Weight rating on the company. Erickson prefers to maintain a cautious stance, given the...
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Are Apple iPhone Estimates Too High?
Monday, October 26, 2015 - 9:45am | 333Read More...Apple Inc. (NASDAQ: AAPL) shares have risen 7.24 percent over the past five trading days, reaching a high of $119.122 on October 23. Andy Hargreaves of Pacific Crest Securities has maintained a Sector Weight rating on the company. Although Hargreaves believes that the long-term risk-...
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Now's Not The Time To Own Tesla Stock, Pacific Crest Analysts Warn
Thursday, October 15, 2015 - 10:17am | 317Read More...Tesla Motors Inc (NASDAQ: TSLA) shares have declined 14.62 percent over the past month, hitting a low of $216.37 on October 14. Pacific Crest’s Brad Erickson has maintained a Sector Weight rating on the company. With demand trends being mixed and fundamental upside appearing...
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These Fitbit Numbers Make The Stock A Screaming Buy
Tuesday, October 13, 2015 - 9:25am | 349Read More...Shares of Fitbit Inc (NYSE: FIT) have risen 11.02 percent over the past month, from a low of $31.84 on September 14. Pacific Crest’s Brad Erickson has maintained an Overweight rating on the company, with a price target of $47. Checks indicate that the demand for Fitbit devices...
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Microsoft Sales 'In Line' With Expectations, PacCrest Says
Friday, September 25, 2015 - 10:24am | 239Read More...Microsoft Corporation (NASDAQ: MSFT) shares have soared almost 10 percent over the past month. Pacific Crest’s Brendan Barnicle has maintained an Overweight rating on the company, with a price target of $55. Despite checks suggesting that customer demand for Windows 10 has been...
