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Who (If Anybody) Is Still Looking To Purchase Twitter?
Tuesday, October 25, 2016 - 10:37am | 474Twitter Inc (NYSE: TWTR) is seeking to address fundamental weakness with some drastic measures. If a report that appeared in Bloomberg is to be believed, the company may soon announce plans to eliminate 8 percent (about 300 individuals) of its workforce. SunTrust, in a research note...
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Fitbit Has Potential For A Q3 Upside Surprise
Monday, October 17, 2016 - 12:13pm | 431Previewing Fitbit In (NYSE: FIT)'s third-quarter results, SunTrust said it sees scope for upside surprise from the company's guidance for a 15 percent sequential drop in third-quarter revenues based on expectations of 12.5 percent unit sales decline and a 1.5 percent decline in ASP. Rationale For...
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Alibaba's Core Profitability Remains Strong, Near-Term Headwinds Notwithstanding
Wednesday, October 12, 2016 - 12:08pm | 435Previewing the fiscal second-quarter results of Alibaba Group Holding Ltd (NYSE: BABA), SunTrust noted that core profitability remains strong, despite the near-term investments headwinds. The firm sees strong investor sentiment and business momentum, based on the company's analyst day takeaways...
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The Impact Of Instagram Stories, Olympics And Political Spending On Social Media Stocks
Tuesday, September 6, 2016 - 10:47am | 402The world of social media is evolving on a seemingly weekly basis, and investors in the space must keep up with the latest trends to stay ahead of the game. SunTrust analyst Robert "Bob" Peck recently discussed three topics that have had a major impact on the social media space in the second half...
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If Twitter Were An M&A Target, Who Would Want It?
Tuesday, September 6, 2016 - 9:22am | 522The constant barrage of Twitter Inc (NYSE: TWTR) rumors involving M&A activity is unlikely to show any signs of stopping. Although Robert "Bob" Peck of SunTrust Robinson Humphrey doesn't believe Twitter is likely to sell itself in 2016, this isn't stopping him from taking a deeper look into...
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SunTrust's Bob Peck Raises Price Target On Facebook To $142 On Strong Quarter
Thursday, July 28, 2016 - 2:30pm | 434The strong second-quarter results of Facebook Inc (NASDAQ: FB) reinforced the bullish thesis of SunTrust's Robert "Bob" Peck, as the social media giant's quarterly numbers trumped the estimates of both Peck and the Street handsomely. Q2, In Review Facebook's second-quarter EPS/revenue of $0.97/$6....
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SunTrust's Bob Peck Previews Match Group's Q2 Earnings
Wednesday, July 13, 2016 - 12:07pm | 261SunTrust's Robert "Bob" Peck said Match Group Inc (NASDAQ: MTCH) is likely to benefit from strong paid member count growth in the second quarter. "Ahead of the 2Q earnings we believe 1) another ~220 million paid member counts (PMCs) added with a majority from Tinder," Peck wrote in a note. Peck...
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10 Topics For Alibaba's Analyst Day
Friday, June 10, 2016 - 8:22am | 341Alibaba Group Holding Ltd (NYSE: BABA) is scheduled to host its analyst day on June 14, in Hangzhou. Robert "Bob" Peck of SunTrust Robinson Humphrey maintains a Buy rating on the company, with a price target of $90. 10 Topic Areas “Investors we speak with are looking forward to a deeper...
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Bob Peck's 5 Takeaways From Fitbit's Captivate Summit
Wednesday, June 8, 2016 - 3:33pm | 323SunTrust Robinson Humphrey analysts Robert "Bob" Peck, Rodney Hull and Matthew Thornton have provided key takeaways from Fitbit Inc (NYSE: FIT)'s Captivate Summit 2016. According to the analysts, there are five ways that the fitness tracker is changing corporate wellness. The brokerage said based...
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Same Old Song As Twitter's Head Of Product Leaves; Does The Company Need To Pursue M&A?
Tuesday, June 7, 2016 - 8:22am | 363Head of Product at Twitter Inc (NYSE: TWTR) Jeff Seibert is reported to be stepping down. In September 2015, Seibert had replaced Kevin Weil, who moved to Instagram. Weil had taken over in October 2014 after merely a six-month tenure by Daniel Graf. SunTrust Robinson Humphrey’s Robert...
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Bob Peck Offers Top 10 Takeaways From PayPal's First-Ever Analyst Day
Thursday, May 19, 2016 - 4:46pm | 611Paypal Holdings Inc (NASDAQ: PYPL) just held its first Investor Day post after its separation from eBay Inc (NASDAQ: EBAY). SunTrust Robinson Humphrey's Bob Peck, who has a Buy rating on the stock, provided the following top 10 takeaways from the event: 1. 'Financial Guidance:...
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SunTrust Expects A 'Solid' Q1 From PayPal
Wednesday, April 13, 2016 - 8:32am | 256TPV growth and cost rationalization are expected to boost Paypal Holdings Inc (NASDAQ: PYPL) quarterly results. SunTrust’s Robert Peck maintained a Buy rating for the company, while raising the price target from $38 to $44. The analyst expects PayPal to report robust 1Q results, and neutral...
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Bob Peck: The Longer Yahoo Waits, The Worse It Gets
Thursday, March 10, 2016 - 12:54pm | 670Yahoo! Inc. (NASDAQ: YHOO) has had a difficult past year, down more than 23 percent. According to SunTrust Robinson Humphrey's Bob Peck, things aren't going to get any better if Yahoo doesn't do something soon. Management Issues, Amalgamated Lawsuit Raise Concerns Peck, who has...
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Peck Reduces Pandora Revenue/EBITDA Estimates, Mentions Limited Visibility And Slowing Core
Friday, February 12, 2016 - 12:13pm | 232SunTrust Robinson Humphrey on Friday issued a report on Pandora Media Inc (NYSE: P) after the company reported Q4 earnings. The firm maintained its Neutral rating while lowering their price target from $15 to $12. Analyst Robert Peck and Matthew Thornton wrote, "Pandora's 4Q results were largely in...
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Bob Peck Still Buying LendingTree, Sees $90 Per Share
Monday, February 8, 2016 - 2:59pm | 286On Monday, SunTrust Robinson Humphrey issued a report on Lendingtree Inc (NASDAQ: TREE) amid concerns over the future growth of the company. Currently, analysts at SunTrust rate LendingTree as a Buy, while lowering their price target from $120 to $90. Robert Peck and Matthew Thornton, analysts at...