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MKM Lowers Alphabet's Target To $930: Despite Being A Laggard, Google's Mobile Segment Is Huge
Friday, May 13, 2016 - 10:33am | 266Read More...Amid volatility, Alphabet Inc (NASDAQ: GOOGL) shares have lost 8 percent year-to-date. MKM Partners’ Rob Sanderson maintained a Buy rating for the company, while reducing the price target from $950 to $930. The analyst expects Google to be “a driving force” causing a shift in ad...
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Here's What Google Metrics You Should Be Watching For
Thursday, April 21, 2016 - 2:21pm | 304Read More...Perennially one of the most anticipated earnings of the year, Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) is set to report Q1 results after hours today. We often focus on the top and bottom line numbers (revenue and EPS), but while these are extremely useful figures to compare to estimates, what...
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MKM Downgrades LinkedIn, Warns Jobs Growth Tailwind Could Turn Into Headwind
Friday, April 8, 2016 - 9:56am | 252Read More...Online job postings, a critical parameter the fate of LinkedIn Corp (NYSE: LNKD), declined in Q1 for the first time in six years. MKM Partners’ Rob Sanderson downgraded the rating for the company to Neutral, while reducing the price target to $130. Growth in online job postings has been a...
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Pandora Blowing Up The Music Streaming Model Could Be Brilliant, Says MKM
Monday, February 29, 2016 - 9:19am | 280Read More...MKM Partners' Rob Sanderson maintained a Neutral rating on Pandora Media Inc (NYSE: P), while lowering the fair value estimate from $18.00 to $11.50. Sanderson believes that "there is a large opportunity for P to become the next-generation platform to connect fans, artists and...
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Sanderson: Google Worth $950, A Bargain Versus Incumbent Media
Friday, February 19, 2016 - 10:15am | 261Read More...MKM Partners’ Rob Sanderson maintained a Buy rating for Alphabet Inc (NASDAQ: GOOGL), while raising the price target from $940 to $950, saying that Google is positioned to emerge stronger in case of a slowdown in the global business cycle. Google is growing five to six times faster than...
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Netflix Plunges Despite Bullish Report By MKM Partners
Wednesday, January 27, 2016 - 5:17pm | 253Read More...Shares of Netflix, Inc. (NASDAQ: NFLX) closed lower by 6.8 percent at $91.15 on Wednesday. The last time shares of Netflix traded below the $90 per share mark was back in July 2015. $SPY, $NFLX today... and probably a few traders, too pic.twitter.com/6Qw21i1xNJ — Zach Hurwitz (@ZachHurwitz)...
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Sanderson: Netflix 'Outstanding' Opportunity Despite Macro Weakness
Wednesday, January 27, 2016 - 4:20pm | 278Read More...MKM Partners on Wednesday issued a company report on Netflix, Inc. (NASDAQ: NFLX) after analyst concerns over the macroeconomic environment's effect on the company's stock. The firm rates Netflix as a Buy and with a $145 price target. Analyst Rob Sanderson wrote, "We think that...
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China Is Killing Alibaba And JD.com Shareholders
Thursday, January 7, 2016 - 10:24am | 343Read More...Alibaba Group Holding Ltd (NYSE: BABA) shares plunged 7 percent since December 30, while shares of JD.Com Inc (ADR) (NASDAQ: JD) plummeted 9 percent. MKM Partners’ Rob Sanderson maintained Buy ratings on both companies. While investors are concerned about the Yuan devaluation,...
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Amazon Could Be A $1,300 Stock Within Three Years
Tuesday, December 15, 2015 - 11:45am | 338Read More...Shares of Amazon.com, Inc. (NASDAQ: AMZN) gained more than 110 percent throughout 2015. Rob Sanderson of MKM Partners initiated coverage of Amazon with a Buy rating and $800 price target. Sanderson added the stock could grow into a $1,300 stock over a three to four-year timeframe....
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Rob Sanderson: Why I'm Cutting My Tivo Price Target
Wednesday, November 25, 2015 - 1:36pm | 296Read More...TiVo Inc. (NASDAQ: TIVO) shares are up 11 percent in the last three months, even after hitting a low of $8.48 on October 1. MKM Partners’ Rob Sanderson maintained a Buy rating on the company, while reducing the price target from $16 to $12.50. Although the company posted strong...
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LinkedIn Stock Now Deserves A Higher Multiple, Says MKM's Sanderson
Tuesday, November 10, 2015 - 10:53am | 331Read More...LinkedIn Corp (NYSE: LNKD) shares are up 9 percent year-to-date, although they are trading meaningfully below their 52-week high of $276.18. MKM Partners’ Rob Sanderson maintained a Buy rating on the company, with a price target of $310. LinkedIn is more like a SaaS company than an...
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Facebook's Q3 Earnings Are Out On Wednesday: Here Is What You Need To Know
Tuesday, November 3, 2015 - 4:12pm | 844Read More...Shares of Facebook Inc (NASDAQ: FB) broke above the $100 per share mark in late October and are higher by nearly 40 percent from a year ago. The company is scheduled to report its third-quarter results on Wednesday afternoon. Analysts are mostly positive ahead of the print and expect the...
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Alibaba Stock Now Worth $105, Says Rob Sanderson
Friday, October 30, 2015 - 8:21am | 350Read More...The share price of Alibaba Group Holding Ltd (NYSE: BABA) has appreciated 42.2 percent over the past month, hitting a high of $82.43 on October 28. MKM Partners’ Rob Sanderson has maintained a Buy rating on the company, while raising the price target from $85 to $105. Sanderson...
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Long-Time Alibaba Bull Just Slashed His Price Target
Wednesday, September 16, 2015 - 11:09am | 369Read More...Alibaba Group Holding Ltd (NASDAQ: BABA) declined 37 percent year-to-date, falling to a post-IPO low. MKM Partners' Rob Sanderson slashed the firm's price target from $105 to $85, a near 20 percent decline. Though MKM is taking a more cautious tone on the stock, Sanderson...
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MKM On Pandora: 'We Would Be Long' Into Year End
Tuesday, August 25, 2015 - 4:19pm | 307Read More...In a report rolled out Tuesday, MKM Partners Managing Director Rob Sanderson reiterated a Buy rating on shares of Pandora Media Inc (NYSE: P), while raising his price target from $23 to $25, as he expects continued outperformance into the end of the year, ahead of the CRB decision in December....
