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Analysts Still All-In On Uber Despite Mixed Q1 Results, Coronavirus Environment
Friday, May 8, 2020 - 10:41am | 1081Like rival Lyft Inc (NASDAQ: LYFT), Uber Technologies Inc (NYSE: UBER) reported mixed first-quarter earnings with a big bottom-line miss and significant top-line beat. But by and large, analysts offered glass-half-full interpretations. The Details Morgan Stanley celebrated 20% rides bookings growth...
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Pinterest Has The Opportunity To Create A 'Uniquely Strong Shopping Platform'
Friday, February 7, 2020 - 4:40pm | 714Pinterest Inc (NYSE: PINS) beat almost all Street estimates in its fourth-quarter earnings report. While monthly active users (MAU) trended in line with forecasts, total revenue grew 46%, conversion optimization revenue popped 150%, and earnings before interest, tax, depreciation and amortization...
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Match Group Turns In Strong Quarter With Tinder, Overseas Success
Thursday, August 8, 2019 - 3:40pm | 566Match Group, Inc. (NASDAQ: MTCH) had an attractive-looking quarter, but analysts weren’t quite ready to swipe right. Match had a solid beat with positive Tinder trends driving top-line year over year growth of 18%. Tinder use growth was up by 46% over the same quarter last year as customers...
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The Positives And Negatives From Twitter's Q1 Earnings Print
Wednesday, April 24, 2019 - 11:49am | 967Twitter Inc (NYSE: TWTR) reported first-quarter results highlighted by a top- and bottom-line beat while monthly active users (MAUs) exceeded expectations of 318 million at 330 million. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Nomura...
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Sell-Side Debates Whether Investors Should Travel With Booking Holdings After Q4 Print
Thursday, February 28, 2019 - 5:50pm | 726Online travel agency Booking Holdings Inc (NASDAQ: BKNG) reported Wednesday with a fourth-quarter earnings beat and roughly in-line revenue. The stock moved lower following the report, as the first-quarter earnings guidance fell short of expectations. The following is a roundup of how analysts on...
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Wall Street Reacts To Alphabet's Q4 Earnings
Tuesday, February 5, 2019 - 10:17am | 861Google's parent company Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) reported fourth-quarter results, which came in better than expected but advertising prices continued to come under pressure while margins fell from 23 percent last year to 21 percent. Here is a summary of how some of the Street...
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Here's What Wall Street Thinks About Facebook's Big Earnings Beat
Thursday, January 31, 2019 - 11:04am | 927Facebook, Inc. (NASDAQ: FB) reported record profit in its fourth-quarter results while daily active user metrics grew in all geographic regions. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Bank Of America's Justin Post maintains a Buy...
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Booking Holdings' Shift To A Merchant Model Leads To Upgrade
Monday, November 19, 2018 - 2:47pm | 417Booking Holdings Inc (NASDAQ: BKNG) shift to a merchant model may be offering a favorable entry point, according to a new analyst note. The Analyst Wells Fargo analyst Robert Coolbrith upgraded Booking Holdings to Outperform and raised his price target from $2,000 to $2,150. The Thesis Earlier in...
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Analysts React To Yelp's Q3 Sales Miss, Guidance: Execution Missteps, Anemic Growth
Friday, November 9, 2018 - 11:20am | 825Online restaurant and business review platform Yelp Inc. (NYSE: YELP) reported Thursday its third-quarter results, highlighted by a revenue miss and concerning outlook. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Wells Fargo's Robert...
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Market Dumps Match Group Despite Q3 Beat
Wednesday, November 7, 2018 - 5:26pm | 485Shares of Tinder parent company Match Group Inc (NASDAQ: MTCH) fell 17 percent Wednesday after the company released its third-quarter print the previous afternoon. The online dating company reported Q3 adjusted earnings of 39 cents per share, beating estimates by 3 cents. Sales came in...
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Wall Street: It's Not Over For Yahoo's Tax-Free Alibaba Spinoff
Wednesday, September 9, 2015 - 1:11pm | 885Shares of Yahoo! Inc. (NASDAQ: YHOO) were trading lower by nearly 2 percent heading into Wednesday's regular trading session after the company announced on Tuesday that the IRS has decided not to grant a private letter ruling regarding the proposed tax-free spin of Alibaba Group Holding Ltd (NYSE:...
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Yahoo Remains 'Focus Pick' For CRT Capital Despite Aabaco Tax Drama
Monday, July 20, 2015 - 1:26pm | 320In a recent report, CRT Capital analyst Robert Coolbrith reiterated a Buy rating and $61.00 price target on Yahoo! Inc. (NASDAQ: YHOO). The Spinoff Last Friday, Yahoo filed an initial registration statement for the spinoff of its large stake in China's Alibaba Group Holding Ltd (NYSE...
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Here's Why CRT Capital Upgraded Pandora
Wednesday, March 18, 2015 - 10:45am | 231Shares of Pandora Media Inc (NYSE: P) were up more than 4 percent on Wednesday. CRT Capital analysts Robert Coolbrith and Shweta Khajuria upgraded the stock to Buy and raised their price target from $16 to $22. The price target reflects the average of their bull-case and worst-case valuation...
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CRT Reiterates On Twitter Following Analyst Day
Thursday, November 13, 2014 - 12:12pm | 307CRT Capital commented Thursday on the Twitter Inc (NYSE: TWTR) analyst day. The firm reiterated its Buy rating and $54 price target. Analysts Neil Doshi and Robert Coolbrith noted that “TWTR’s goal is to have the largest daily audience in the world and be one of the top revenue...