-
Numerous Analysts Adjust Targets On Facebook Following Earnings
Wednesday, October 29, 2014 - 11:03am | 188Facebook Inc (NASDAQ: FB) announced positive financial results on Tuesday, with an EPS of $0.43 on revenues of $3.2 billion, beating estimates by 7.5 and 2.89 percent, respectively. On the other hand, shares of Facebook are down sharply on Wednesday as the company offered weak guidance due to...
-
Pivotal Upgrades Twitter, Thinks Earnings 'Whipsaw' Was An Overreaction
Tuesday, October 28, 2014 - 8:54am | 114On Tuesday, analysts at Pivotal Research Group upgraded shares of Twitter Inc (NYSE: TWTR) to Hold with a $42 price target. Brian Wieser finds that valuing Twitter is subjective since the company is still in its infancy. Wieser stated, “Our upgrade on Twitter occurs as the stock...
-
Pivotal Research Group Views Potential BrightRoll Acquisition As Positive For Yahoo!
Tuesday, October 21, 2014 - 8:13am | 127In a report published Tuesday, Pivotal Research Group analyst Brian Wieser reiterated a Hold rating and $41.00 price target on Yahoo! Inc. (NASDAQ: YHOO). In the report, Pivotal Research Group noted, “TechCrunch is reporting that Yahoo is in talks to acquire video platform BrightRoll for ‘anywhere...
-
UPDATE: Pivotal Research Group Initiates Coverage On Constellation Brands
Monday, October 20, 2014 - 3:01pm | 181Pivotal Research Group initiated a Buy rating on Constellation Brands, Inc. (NYSE: STZ) with $110 price target in a report issued Monday. Analyst Timothy S. Ramey noted the "powerful momentum and growth we see in STZ’s operating sectors – imported beer; premium varietal wines;...
-
UPDATE: Pivotal Research Initiates Coverage On USANA Health Sciences
Monday, October 20, 2014 - 2:33pm | 195Pivotal Research Group initiated a Buy rating on USANA Health Sciences, Inc. (NYSE: USNA) with a $100 price target in a report issued Monday. Analyst Timothy S. Ramey noted that the company remained "an attractive growth vehicle with impressive top line growth, cash of over $8.50 per share...
-
Pivotal Research Initiates Coverage On Herbalife, Sees $150 To $200 Price Long-Term
Monday, October 20, 2014 - 1:18pm | 224Pivotal Research Group initiated coverage of Herbalife Ltd. (NYSE: HLF) with a Buy rating and price target of $110. Analyst Timothy S. Ramey commented that over the long-term he saw potential for the stock to trade at $150 to $200. Ramey believed "that a combination of the negative spin...
-
UPDATE: Pivotal Research Group Initiates Coverage On Nu Skin Enterprises On Positive Outlook
Monday, October 20, 2014 - 8:11am | 187In a report published Monday, Pivotal Research Group analyst Timothy S. Ramey initiated coverage on Nu Skin Enterprises (NYSE: NUS) with a Buy rating and $75.00 price target. In the report, Pivotal Research Group noted, "Nu Skin Enterprises is a Global Multi-Level Marketer (MLM) of skin care,...
-
UPDATE: Pivotal Research Upgrades Twitter, Noting Additional Options To Capture Market Share
Wednesday, May 14, 2014 - 10:32am | 266In a report published Wednesday, Pivotal Research Group analyst Brian Wieser upgraded Twitter (NYSE: TWTR) from Sell to Hold and maintained a $34.00 price target. Wieser remarked that “there are limits to the appropriate value investors should pay for a share of the company, and recent highs were...
-
UPDATE: Pivotal Research Group Downgrades Facebook on News of WhatsApp Deal
Thursday, February 20, 2014 - 10:02am | 144In a report published Thursday, Pivotal Research Group analyst Brian Wieser downgraded the rating on Facebook (NASDAQ: FB) from Buy to Hold, but raised the price target from $65.00 to $66.00. In the report, Pivotal Research Group noted, “Facebook is buying WhatsApp for $19bn. While we see...
-
UPDATE: Pivotal Research Group Initiates Coverage on salesforce.com on Best Market Position
Friday, December 6, 2013 - 10:25am | 146In a report published Friday, Pivotal Research Group analyst Brian Wieser initiated coverage on salesforce.com (NYSE: CRM) with a Buy rating and $66.00 price target. In the report, Pivotal Research Group noted, “Salesforce.com is the company best positioned to capitalize on the growing role of...
-
UPDATE: Pivotal Research Group Downgrades Omnicom Due to Projected Price Target Approach
Wednesday, November 13, 2013 - 9:01am | 154In a report published Wednesday, Pivotal Research Group analyst Brian Wieser downgraded Omnicom (NYSE: OMC) from a Buy rating to a Hold rating while holding the price target at $72.00. In the report, Pivotal Research Group says "We are downgrading our rating on Omnicom from BUY to HOLD as the...
-
UPDATE: Pivotal Research Group Initiates Coverage on Twitter Ahead of IPO
Monday, October 28, 2013 - 9:36am | 295In a report published Monday, Pivotal Research Group analyst Brian Weiser initiated a Buy rating on Twitter (NYSE: TWTR) and a $29 PT. Weiser noted that Twitter can be compared with other venture-funded pre-IPO companies, but larger and better funded. Pivotal's forecasts that Twitter will be...
-
Facebook Shares Mixed Following Pivotal Research Downgrade; Macquarie Price Target Increase
Thursday, October 3, 2013 - 10:15am | 158Facebook (NASDAQ: FB) shares traded slightly in the red Thursday morning following a pair of reports early in the day, one from Pivotal Research downgrading the company from Buy to Hold, while keeping its price target at $48, and another from Macquarie that increased its price target from $49 to $...
-
Get Ready To Picture Instagram Monetized
Tuesday, September 10, 2013 - 10:57am | 643There are no ads on Instagram. The app doesn’t cost anything. In other words, it does not create revenue for its owner, Facebook (NASDAQ: FB). If Instagram director of business operations, Emily White, is to be believed, all that will change within the next year, according to The Wall Street...
-
UPDATE: Pivotal Research Group Raises PT on Google Following Model Update
Friday, September 6, 2013 - 8:44am | 124In a report published Friday, Pivotal Research Group analyst Brian Wieser reiterated a Hold rating on Google (NASDAQ: GOOG), and raised the price target from $820.00 to $870.00. In the report, Pivotal Research Group noted, “We are updating our Google model with a 2014 price target of $870, near...