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Twitter: Negative Sentiment Building After Departures Of Executives
Tuesday, January 26, 2016 - 10:40am | 386Nomura, Stifel, Citi and Suntrust recently issued reports on Twitter Inc (NYSE: TWTR) after weakness seen in the company's user growth and turnover in management has caused share prices to fall 57 percent in the past year. The overall sentiment was negative, with analysts reiterating that Twitter...
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SunTrust's Peck Cuts Target On Zillow Ahead Of Q4 Results
Thursday, January 21, 2016 - 10:56am | 253SunTrust Robinson Humphrey issued a company note on Zillow Group, Inc. -Class A (NASDAQ: ZG) ahead of the company's 4Q15 earnings results. SunTrust reiterated a Buy rating and lowered their price target from $33 to $26. Analysts Bob Peck, Matthew Thornton and Rodney Hull wrote, "Zillow...
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Analysts At Odds With Market Over Fitbit
Wednesday, January 6, 2016 - 3:47pm | 367With the company set to release its Q4 earnings on February 1, Fitbit Inc (NYSE: FIT) shares have plummeted since the launch of its new Blaze product. Clearly, the market is punishing Fitbit’s stock, but you wouldn’t know it by reading what analysts have to say. Here’s how several...
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SunTrust's Peck Sees $90 Million Settlement For Pandora As 'Very Reasonable'
Monday, October 19, 2015 - 4:01pm | 455Shares of Pandora Media Inc (NYSE: P) have surged higher by more than 40 percent over the past three months, but are still lower by 10 percent from a year ago. Investors appear to be more positive on the company despite ongoing concerns related to royalty rates. Media reports suggested the company...
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Bob Peck Says Pressure At Yahoo Mounting, Notes Report Of Two More Key Executives Leaving
Monday, October 19, 2015 - 11:44am | 403Shares of Yahoo! Inc. (NASDAQ: YHOO) have lost nearly 35 percent year-to-date. Bob Peck of SunTrust Robinson Humphrey commented in a note that "quality executives" continue to leave the company. Peck added that attracting and maintaining key executives has been "the heart...
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Bob Peck: Twitter's New Update Has 'Jack's Fingerprints' All Over It; Make Him Permanent CEO
Thursday, September 24, 2015 - 9:19am | 473Shares of Twitter Inc (NYSE: TWTR) lost nearly half of its value relative to its 52-week high of $55.99. Bob Peck of SunTrust Robinson Humphrey maintained a Buy rating and $38 price target on the stock. Peck suggested that Twitter has shown "accelerated innovation" since Jack...
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Superstar Analyst Bob Peck Went To China; Here's What We Learned
Monday, September 21, 2015 - 2:29pm | 682Bob Peck of SunTrust Robinson Humphrey spent two weeks travelling through China; he also visited India while abroad. Peck met with management teams from Alibaba Group Holding Ltd (NYSE: BABA) and JD.Com Inc(ADR) (NASDAQ: JD). Peck noted national brands continue to "dominate" in China; Alibaba and...
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When It Comes To Netflix Vs. Amazon, Bob Peck Says...
Monday, August 3, 2015 - 4:40pm | 391After reporting phenomenal second-quarter numbers, Netflix, Inc. (NASDAQ: NFLX) and Amazon.com, Inc. (NASDAQ: AMZN) turned out to be among the best performing stocks on the Nasdaq for July. Robert "Bob" Peck, SunTrust Robinson Humphrey analyst, was on CNBC Monday to discuss the outlook for these...
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Bob Peck Explains His 'Odd Call' Buy Rating On Yahoo
Wednesday, July 22, 2015 - 2:49pm | 377Yahoo! Inc. (NASDAQ: YHOO) reported mixed second-quarter earnings on Tuesday. While revenue at $1.04 billion was slightly above analysts' estimates of $1.03, EPS of $0.16 came well below estimates of $0.18. Robert "Bob" Peck, Internet equity analyst at SunTrust Robinson Humphrey, was on...
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SunTrust Initiates PayPal At Buy; What Else Are Analysts Saying?
Monday, July 20, 2015 - 10:27am | 462In a report published Monday, SunTrust Robinson Humphrey analyst Bob Peck initiated coverage of Paypal Holdings Inc (NASDAQ: PYPL) with a Buy rating and $45 price target, noting that the "leading enabler" of online and in-app payments has "ample capacity" to fund its future...
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Why Yahoo's Marissa Mayer Gets A 'C' Rating After Her 3-Year Mark
Wednesday, July 15, 2015 - 10:12am | 361In a report published Wednesday, SunTrust Robinson Humphrey analyst Bob Peck discussed why it is "natural" for investors to begin gauging the successes and failures of Yahoo! Inc. (NASDAQ: YHOO)'s CEO Marissa Mayer at her three-year anniversary. "Marissa Mayer's strategy...
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Does Wall Street Wear FitBit?
Monday, July 13, 2015 - 3:04pm | 719Many Wall Street analysts initiated coverage of Fitbit Inc (NYSE: FIT) on Monday. Here is a highlight of some of the more notable initiations. SunTrust: ‘Only The FITest Survive' Bob Peck of SunTrust Robinson Humphrey initiated coverage of Fitbit with a Buy rating and $50 price...
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Why Did Zillow's CFO Just Resign?
Friday, July 10, 2015 - 8:48am | 289Zillow Group Inc (NASDAQ: Z) on Thursday announced its Chief Financial Officer Chad Cohen will resign from the company effective August 7. Cohen has been with the company since 2006 and was named CFO in 2011. In a report published Friday, SunTrust Robinson Humphrey analyst Bob Peck suggested that...
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Robert Peck Enumerates 4 Catalysts For Twitter
Tuesday, July 7, 2015 - 1:06pm | 407It seems the change of guards at Twitter Inc (NYSE: TWTR) is having no effect on the stock, which has continued to trade near the $35 level over the last month. Robert Peck, SunTrust Robinson Humphrey Internet equity analyst, was on CNBC Monday to discuss what is going to be the next catalyst...
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Facebook Buy Button Boost? SunTrust's Peck Sees It Potentially Adding 5-10% To Incremental Revenue
Thursday, June 11, 2015 - 10:11am | 248Robert Peck of SunTrust Robinson Humphrey maintained a Buy rating on Facebook Inc (NASDAQ: FB) Thursday, along with a price target of $100, unchanged from his previous research coverage. Facebook closed at $82.16 after Wednesday’s session and spiked up 15 cents to $82.31 in Thursday...