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Why Amazon Is Still Worth $620 Per Share Heading Into Earnings
Monday, October 19, 2015 - 2:23pm | 508Amazon.com, Inc. (NASDAQ: AMZN) is scheduled to announce its third-quarter financial results on Thursday, after the market closes. On Monday, Bank of America Merrill Lynch released a preview of the results. The analysts expect a solid quarter, with potential upside for Amazon Web Services. Thus,...
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Bank Of America Previews Groupon's Q2; Reiterates Buy Rating But Trims Price Target
Tuesday, August 4, 2015 - 1:15pm | 271Groupon Inc (NASDAQ: GRPN) is scheduled to announce its second-quarter financial results before the market opens on Friday. In a report issued Monday, Bank of America Merrill Lynch analysts Paul Bieber and Justin Post previewed the results, which they expect to be in-line with their estimates and...
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Trouble At Shutterfly? Raymond James Analyst Goes Against Wall Street Crowd With Downgrade
Thursday, July 30, 2015 - 12:20pm | 602Shares of Shutterfly, Inc. (NASDAQ: SFLY) were trading lower by more than 4 percent as investors and traders were selling the stock following the company's second-quarter print on Wednesday. Shutterfly reported that it lost $0.56 per share in its second quarter, better than the $1.05 loss...
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What The Street Thinks Of Amazon Ahead Of Earnings
Thursday, April 23, 2015 - 11:52am | 903Amazon.com, Inc. (NASDAQ: AMZN) will report Q1 2015 earnings results after the markets close Thursday. Several Wall Street firms gave their opinion ahead of the announcement. Wedbush: Neutral, $395 price target Michael Pachter and Nick Mckay wrote: "Amazon is a dominant online retailer...
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Bank Of America: Watch This Twist In Amazon's Earnings
Tuesday, April 21, 2015 - 10:11am | 216Bank of America issued an earnings preview for Amazon.com, Inc. (NASDAQ: AMZN) ahead of its first quarter earnings announcement on Thursday. Bank of America rates Amazon as a Buy with a $400 price target. Analyst Justin Post and Paul Bieber wrote, "Amazon is an eCommerce leader with market share...
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Bank Of America: Regulations May Limit Amazon Drone's Widespread Adoption
Monday, March 23, 2015 - 9:54am | 196Bank of America issued a company update on Amazon.com, Inc. (NASDAQ: AMZN) after the Federal Aviation Administration (FAA) issued Amazon an experimental airworthiness certificate to test drone delivery. Amazon is rated as a Buy with a $400 price target. Analysts Justin Post and Paul Bieber wrote, "...
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Why Shares Of Yelp Spiked Higher On Friday
Friday, January 9, 2015 - 11:29am | 177Shares of Yelp Inc (NASDAQ: YELP) were trading higher on Friday following an upgrade by analysts at Bank of America and CNBC's Jim Cramer spoke positively on the stock on television. Bank of America's Paul Bieber upgraded shares of Yelp to Buy from Neutral, but lowered his price target...
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UPDATE: Bank Of America Upgrades Groupon As Recent Progress Validates Turnaround
Monday, December 1, 2014 - 8:38am | 171On Monday, analysts at Bank of America upgraded shares of Groupon Inc (NASDAQ: GRPN) from Neutral to Buy and raised the price target from $8 to $9.50. Paul Bieber finds the recent progress the company has made validates its turnaround and feels "the downward estimate revision cycle...
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UPDATE: Bank Of America Reiterates On Groupon On Takeaways From Upbeat Analyst Day
Wednesday, November 12, 2014 - 8:39am | 155In a report published Wednesday, Bank of America analyst Paul Bieber reiterated a Neutral rating on Groupon Inc (NASDAQ: GRPN), and raised the price target from $7.50 to $8.00. In the report, Bank of America noted, “On 11/11, we attended GRPN's Analyst Day in Chicago. Overall, the session was...
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Bank Of America Has Good Feeling About Groupon Inc Following Management Meeting
Friday, September 12, 2014 - 8:49am | 186In a report published Friday, Bank of America analyst Paul Bieber reiterated a Neutral rating and $7.50 price target on Groupon Inc (NASDAQ: GRPN). In the report, Bank of America noted, “Yesterday we met with Eric Lefkofsky (CEO), Jason Child (CFO), Genny Konz (IR) & Lindsey Moore (IR) at their...
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UPDATE: Bank Of America Downgrades Angie's List As Thesis Is Not Playing Out
Thursday, July 24, 2014 - 8:49am | 169In a report published Thursday, Bank of America analyst Paul Bieber downgraded the rating on Angie's List (NASDAQ: ANGI) from Buy to Neutral, and lowered the price target from $16.00 to $12.00. In the report, Bank of America noted, “While we continue to like the ANGI LT opportunity, we are lowering...
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UPDATE: Bank Of America Upgrades Angie's List; Shares Jump In The #PreMarket
Friday, June 6, 2014 - 8:56am | 237In a note released early Friday morning, Bank of America analyst Paul Bieber upgraded Angie's List (NASDAQ: ANGI) from Neutral to Buy and maintained his $16 price objective. Following the upgrade, shares of Angie's List have jumped up about eight percent in Friday's pre-market...
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UPDATE: Bank of America Upgrades OpenTable On Higher Conviction In Investments
Friday, May 2, 2014 - 8:21am | 160In a report published Friday, Bank of America analyst Paul Bieber upgraded the rating on OpenTable (NASDAQ: OPEN) from Neutral to Buy, and reiterated the $87.00 price target. In the report, Bank of America noted, “We are upgrading OpenTable to Buy (from Neutral). While 2Q results were essentially...
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Groupon Earnings Preview: What The Analysts Are Saying
Thursday, February 20, 2014 - 1:36pm | 593Groupon (NASDAQ: GRPN) is scheduled to report its fourth quarter results after the closing bell on Thursday. The company is expected to report an EPS of $0.02 on revenue of $718.04 million. Morgan Stanley: Longer term believer, short term headwinds Scott Devitt, analyst at Morgan Stanley...
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UPDATE: Bank of America Reiterates on Angie's List on Increased Investment
Thursday, February 13, 2014 - 11:35am | 149In a report published Thursday, Bank of America analyst Paul Bieber reiterated a Neutral rating on Angie's List (NASDAQ: ANGI), but lowered the price target from $22.00 to $19.00. In the report, Bank of America noted, “AL reported rev./GAAP EPS of $68.8mn/$$0.05 vs. the Street at $68.5mn/$0.15....