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SunTrust Announces Cyber Indices
Friday, October 10, 2014 - 9:01am | 288On Friday, SunTrust analysts released the STRH SurveyMonkey Cyber Indices. Robert Peck stated, “In conjunction with SurveyMonkey, we recently completed our quarterly review of monthly surveys of over 1,500 domestic people of various geographies and ages. We leverage the data to create...
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SunTrust Bullish On Zillow Inc At Lower Levels
Wednesday, October 1, 2014 - 9:23am | 178In a "Quick Thoughts" piece out Wednesday morning, SunTrust's Robert Peck commented on Zillow Inc (NYSE: Z). "We remain bullish on the LT opportunity of Zillow , but maintain our Neutral rating as we look to be more constructive at lower entry points and with more certainty...
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Why Did eBay Inc Spin Off PayPal? Robert Peck Pondered The Scenario Back In March
Tuesday, September 30, 2014 - 2:53pm | 561On Monday, eBay Inc (NASDAQ: EBAY) announced it will split from PayPal in 2015. One analyst, SunTrust Robinson Humphrey's Robert Peck, pondered the scenario earlier this spring in a note to investors. Peck detailed five arguments: "CURRENCY: PayPal will be given it its own...
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10 Investor Questions About The eBay Inc-PayPal Split
Tuesday, September 30, 2014 - 11:14am | 951News of the eBay Inc (NASDAQ: EBAY) PayPal split is hitting the market this Tuesday morning. Some analysts have already theorized about the scenario. Back in March, Robert S. Peck, managing director and Internet equity analyst at SunTrust Robinson Humphrey (STRH), explained his take. In a...
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SunTrust's Bob Peck Offers Reasons Why Amazon.com, Inc. May Consider Buying Stores From RadioShack Corporation
Monday, September 15, 2014 - 8:54am | 215In a report published Monday, SunTrust analyst Bob Peck offered five reasons why Amazon.com, Inc. (NASDAQ: AMZN) should buy some of RadioShack Corporation's (NYSE: RSH) stores: 1) No tax issues. Amazon originally avoided opening local stores because of tax laws, which have now shifted and...
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JD.com Gets Break On Top-Line Miss; SunTrust Likes Growth Rate
Monday, August 18, 2014 - 11:32am | 213JD.com (NASDAQ: JD) got a break from at least one analyst Monday after the Chinese e-commerce company posted a wider-than-expected loss. SunTrust's Robert Peck cited the company's continued high growth rate in maintaining his Buy rating and $35 target. "Operating profit was more...
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SunTrust's Robert Peck Sees $300 Million Gross Profit In Amazon's Local Register
Thursday, August 14, 2014 - 11:24am | 219Amazon.com's (NASDAQ: AMZN) launch of a mobile credit card reading device could add one percent to its annual gross profit, one analyst said Thursday. Called the Amazon Local Register, it's priced to undercut existing comparable devices including those from eBay's (NASDAQ: EBAY)...
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SunTrust On AOL: Good Quarter, But Remaining Neutral
Thursday, August 7, 2014 - 1:20pm | 351AOL (NYSE: AOL) reported a positive second quarter result on Wednesday, highlighted by a top and bottom line beat. After falling one percent year over year in the first quarter, AOL managed to increase its search revenue by six percent to $98.9 million. Display ad sales saw a one percent drop...
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SunTrust Weighs In On Zillow's Second Quarter Results
Wednesday, August 6, 2014 - 11:45am | 379Zillow (NYSE: Z) reported its second quarter results on Tuesday after market close. The real estate and home-related information marketplace company saw its quarterly revenue expand by at least 65 percent for the 15th straight quarter. In a note to clients on Wednesday, Robert Peck of SunTrust...
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SunTrust: 'Disappointed/Surprised' By Web.com's Revenue Miss
Friday, August 1, 2014 - 9:25am | 427When Web.com (NASDAQ: WWWW) reported its second quarter results on Thursday, the company may have surprised many when revenue of $144.66 million fell short of estimates of $146.90 million. Robert Peck of SunTrust Robinson Humphrey noted on Friday he is not only surprised, but disappointed by...
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SunTrust's Bob Peck Raises Price Target On LinkedIn Following Q2 Earnings
Friday, August 1, 2014 - 8:40am | 115Early Friday morning, SunTrust's Bob Peck has issued a report in which he raised his price target on LinkedIn (NYSE: LNKD) from $225 to $240 and reiterated a Buy rating on the stock. Peck commented, "We think LinkedIn is uniquely positioned to create a PaaS for professionals in the B2B...
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Shares Of Yelp Tumble As Analysts Offer Mixed Views
Thursday, July 31, 2014 - 12:18pm | 1060Shares of Yelp (NASDAQ: YELP) are trading lower by 12 percent as certain aspects of the company's second quarter results were of concern. Raymond James: Risk/Reward In Focus Aaron Kessler of Raymond James focused on Yelp's growth in active local business accounts, which only rose by 5...
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SunTrust Raises Price Target On Twitter Following Huge Earnings Beat
Wednesday, July 30, 2014 - 9:10am | 270SunTrust analyst Robert Peck released a note reiterating Twitter’s (NYSE: TWTR) Buy rating and raised the price target to $58 from $45. Peck said that “this is as the inflection point quarter investors were waiting for, demonstrating improving monetization on stabilizing user...
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SunTrust's Bob Peck Comments On The Zillow/Trulia Acquisition
Tuesday, July 29, 2014 - 11:20am | 197Following the announcement on Monday that Zillow (NASDAQ: Z) will acquire Trulia (NYSE: TRLA) in a stock deal worth $3.5 billion, SunTrust's Bob Peck released a report Tuesday detailing his view on the deal. Peck stated that he is "very bullish" on the long-term outlook for what...
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SunTrust Sees Facebook Gain From App Install Ads On Instagram Unit
Monday, July 28, 2014 - 3:10pm | 288Facebook (NASDAQ: FB) got plenty of buzz for itself last week when an ad appeared briefly on its Instagram service for a so-far non-existent Facebook app called Bolt that would offer competition to the mighty Snapchat. Snapchat rejected a $3 billion offer from Facebook last year, and it's...