Rob Sanderson

Alibaba Group Holding Ltd (NYSE: BABA) is worth $130 per share, at least according to a sum-of-the-parts analysis conducted by Rob Sanderson of MKM Partners. Sanderson's calculations derived a value for Alibaba's Commerce business at $94 per share, the Cloud business at $18 with a marked-to-market...

MKM Partners’ Rob Sanderson expects Pandora Media Inc (NYSE: P)'s fundamentals to remain weak at least for another two quarters. Sanderson maintains a Neutral rating on the company, while raising the price target from $11.50 to $13.00. Stock Concerns “Competitiveness and licensing terms...

MKM Partners raised its estimates and target price on Amazon.com, Inc. (NASDAQ: AMZN) on continued sales and margin momentum in the second quarter. The online retail giant's EPS of $1.78 handily beat consensus estimate of $1.11 as it grew revenue by 31 percent to $30.4 billion, which also...

Ahead of Twitter Inc (NYSE: TWTR)'s second-quarter results due on Tuesday, July 26, MKM Partners said it would be on the sidelines, despite the story becoming more interesting. The firm prefers to see proof of success and buy the stock at higher levels rather than go by the premise that recent...

BTIG's Rich Greenfield turned incrementally bearish on Facebook Inc (NASDAQ: FB) on Friday when he downgraded the stock to Neutral from Buy. His research note is based on his belief that investor expectations and analyst forecasts are "simply too aggressive." MKM Partners' Rob...

Amazon.com, Inc. (NASDAQ: AMZN)’s share price has surged to new all-time highs in anticipation of this year’s Prime Day, which kicked off on Tuesday morning. But will the numbers from this year’s mega-sale actually move Amazon’s stock higher, or should traders sell now and...

Amazon.com, Inc. (NASDAQ: AMZN) has been promoting its second annual Prime Day shopping event, scheduled for July 12. MKM Partners’ Rob Sanderson reiterated a Buy rating on the company, with a price target of $850. The Second Prime Day Sanderson mentioned the first Prime Day, held in 2015,...

Rob Sanderson of MKM Partners thinks Netflix, Inc. (NASDAQ: NFLX) has been the most controversial Internet large-cap this quarter. Sanderson offered five controversial points in a research note on Thursday: Many investors believe estimates for the international ramp did not come down enough...

Twitter Inc (NYSE: TWTR) saw a sharp rebound of over 20 percent following the announcement of Microsoft Corporation (NASDAQ: MSFT) buying LinkedIn Corp (NYSE: LNKD). MKM Partners’ Rob Sanderson maintains a Neutral rating on the company, with a price target of $14. Sanderson believes Twitter...

Although Yelp Inc (NYSE: YELP) has seen a recovery in its share price from the lows seen in February, the stock is still meaningfully below the 2014 highs. MKM Partners’ Rob Sanderson upgraded the rating on the company from Neutral to Buy, with a price target of $40. Sanderson mentioned...

MKM Partners analyst Rob Sanderson likes Alibaba Group Holding Ltd (NYSE: BABA) on the heels of analyst day. The brokerage reiterated its Buy rating with a price objective of $95. In a research note, the analyst thinks "The company will increase transparency with new reporting segments...

Microsoft Corporation (NASDAQ: MSFT) announced it was acquiring LinkedIn Corp (NYSE: LNKD) for $196 per share. MKM Partners’ Rob Sanderson maintained a Neutral rating on LinkedIn, while raising the price target from $130 to $196. Impact on Social Media Sanderson mentioned that following...

MKM Partners’ Rob Sanderson believes Twitter Inc (NYSE: TWTR) still has mass-market potential, although there is significant execution risk. Sanderson maintains a Neutral rating on the company, while lowering the price target from $18 to $14. Primary Concerns “Inability to improve the...

MKM Partners’ Rob Sanderson believes Facebook Inc (NASDAQ: FB) “is benefiting from (and driving) the shift in ad budget allocations from other media to mobile internet and we think this story is still early.” Sanderson maintains a Buy rating on the company, while raising the...

Slowly but surely, Internet advertising continues to eat away at TV advertising market share. According to the latest checks by MKM Partners analyst Rob Sanderson, Q1 advertising spend came in mostly in line with expectations. MKM tracks advertising revenue among the top 15 Internet and television...