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Why Spotify Shares Are Trading Higher Today
Friday, August 20, 2021 - 11:31am | 231Spotify Technology SA (NYSE: SPOT) is trading higher Friday after the company announced a $1 billion buyback. Repurchases of up to 10 million of the company's ordinary shares and up to the amount of $1 billion were approved and will commence beginning in the third...
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Barclays Questions Twitter's Ability To Grow New Users
Wednesday, April 27, 2016 - 7:56am | 301Twitter Inc (NYSE: TWTR) reported mixed results and announced lower-than-expected guidance. Barclays’ Paul Vogel maintained an Equal-Weight rating for the company, while reducing the price target from $19 to $18. The analyst commented that Twitter’s future continues to be “...
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Barclays Downgrades eBay, Says Buybacks Are Not Enough
Tuesday, March 29, 2016 - 9:20am | 460Barclays have downgraded eBay Inc (NASDAQ: EBAY) to Underweight, citing lack of fundamental improvement, sending the shares of the e-commerce company down by 1.5 percent in the pre-market hours. "We believe fundamentals continue to be weak, share repurchases may not be enough and within the...
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Investors No Longer Giving LinkedIn The Benefit Of The Doubt?
Tuesday, March 29, 2016 - 8:07am | 317Barclays’ Paul Vogel downgraded the rating on LinkedIn Corp (NYSE: LNKD) from Overweight to Equal Weight, while lowering the price target from $205 to $130. Slower Revenue, Lower Multiple Following the 40 percent decline in the stock after its 4Q results, Vogel believes that “there...
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Here's How Consistency Reigns At GoDaddy
Thursday, February 18, 2016 - 10:08am | 214Barclays’ Paul Vogel maintained an Overweight rating for Godaddy Inc (NYSE: GDDY), with a price target of $36. The company reported a highly consistent quarter yet again, with revenue marginally beating the Barclays estimates and in-line EBITDA. GoDaddy recorded bookings growth of 13...
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Analysts Cautious On Twitter, But See Value In Management's Vision
Thursday, February 11, 2016 - 3:01pm | 562Twitter Inc (NYSE: TWTR) has had a tough week, spiking on Tuesday and Wednesday morning following a mixed bag of fourth-quarter results. The company beat Wall Street’s expectations for revenue, skidding to a $710 million finish against $709.9 million estimates. The company also exceeded...
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For Twitter, There's Still A Lot Of Work Ahead
Thursday, February 11, 2016 - 9:37am | 351Shares of Twitter Inc (NYSE: TWTR) have been trending south in recent months, down 45 percent since November 11, 2015. Barclays’ Paul Vogel maintained an Equal-Weight rating on the company, while reducing the price target from $33 to $19. Twitter needs to take steps to improve...
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Barclays Disappointed With LinkedIn's Guidance, Recognizes Bumpy Outlook Generated By Macro Headwinds
Friday, February 5, 2016 - 8:40am | 315Having declined steadily over the last three months, LinkedIn Corp (NYSE: LNKD) shares are down 24 percent since November 5. Barclays’ Paul Vogel maintained an Overweight rating for the company, while reducing the price target from $265 to $205. Although the company reported robust...
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Barclays On Internet Names: 'Can Leadership Continue?'
Friday, January 15, 2016 - 9:47am | 451Shares of Alphabet Inc (NASDAQ: GOOGL), Facebook Inc (NASDAQ: FB) and Amazon.com, Inc. (NASDAQ: AMZN) have declined since the beginning of trading in 2016. Barclays’ Paul Vogel believes that all three companies are set to deliver strong 4Q results. Analyst Paul Vogel mentioned that...
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Yelp, Angie's List Seen As Most Likely Acquisition Candidates In SMID-Cap Internet
Thursday, December 3, 2015 - 12:50pm | 518Blake Harper of Topeka Capital Markets reviewed the small-mid cap Internet sector, noting that consolidation in the space is "likely to continue." Harper suggested that potential acquisition targets include companies with mobile user bases, unique assets, and marketplaces with large...
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Barclays: Own Large-Cap Internet Into Last Month Of 2015
Tuesday, December 1, 2015 - 10:28am | 566Paul Vogel of Barclays commented in a note that the "FANG" trade -- Facebook Inc (NASDAQ: FB), Amazon.com, Inc. (NASDAQ: AMZN), Netflix, Inc. (NASDAQ: NFLX), Alphabet Inc (NASDAQ: GOOG) -- has "been the place to be" for large-cap Internet stocks throughout 2015....
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Barclays Boosts Target On Amazon From $700 To $850
Tuesday, December 1, 2015 - 9:02am | 426Amazon.com, Inc. (NASDAQ: AMZN) shares have surged 114 percent year-to-date, climbing from below $287 in January to crossing the $600 mark on October 26. Barclays’ Paul Vogel maintained an Overweight rating on the company, while raising the price target from $700 to $850. Although...
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Wall Street Overwhelmingly Bullish On Amazon's Quarter
Friday, October 23, 2015 - 1:31pm | 372Amazon.com, Inc. (NASDAQ: AMZN) shares are up 7.0 percent in Friday trading after the company reported strong top-line and bottom-line beats in Q3. Amazon reported GAAP EPS of $0.17 on revenue of $25.4 billion, ahead of consensus estimates of -$0.13 and $24.9 billion, respectively. Where does...
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Can Yahoo Bounce Back? Wall Street Experts Share Their Opinions
Wednesday, October 21, 2015 - 3:20pm | 1350Shares of Yahoo! Inc. (NASDAQ: YHOO) extended its decline Wednesday morning and were lower by nearly five percent before noon. Yahoo reported a worse than expected third quarter loss on Tuesday along with a disappointing guidance and outlook. With expectations over Yahoo's outlook...
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10 Netflix Analysts React To Company's Controversial Earnings Release
Thursday, October 15, 2015 - 12:06pm | 1229Shares of Netflix, Inc. (NASDAQ: NFLX) initially plunged more than 14 percent following its third quarter results. The stock briefly recovered on Wednesday, but were lower by 8 percent mid-Thursday morning. Analysts were mixed following the earnings report. Shares of Netflix initially...