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Tripadvisor Falls Sharply On Q2 Miss; Analysts Say Growth Priced In
Thursday, July 24, 2014 - 12:59pm | 222Tripadvisor (NASDAQ: TRIP) shares fell sharply Thursday after it missed second-quarter profit expectations and said higher advertising costs will cut future earnings. The stock traded recently down 8.6 percent to $98.06. SunTrust's Robert Peck maintained a Neutral rating for the online...
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Google's Outlook Enchants Analysts; Q2 Rev Up 22%, Ad Prices Down 6%
Friday, July 18, 2014 - 4:17pm | 362Google (NASDAQ: GOOGL) gained more than 4 percent Friday after reporting a 22 percent increase in second-quarter revenue. The company missed earnings expectations but analysts were broadly impressed by its second-quarter performance and outlook. Deutsche Bank analyst Ross Sandler called...
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EBay Plus And Minuses In Balance Following Q2, SunTrust Analyst Says
Thursday, July 17, 2014 - 1:19pm | 229EBay's (NASDAQ: EBAY) negatives and positives appear to balance out in the wake of its second-quarter performance, SunTrust analyst Robert Peck said Wednesday. EBay's bottom line beat the consensus by a penny, although its revenue missed expectations by a whisker. http://www.benzinga.com/news/...
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SunTrust Sees Amazon Boosting Q3 Outlook Next Week
Thursday, July 17, 2014 - 11:36am | 264Amazon (NASDAQ: AMZN) is likely to boost its outlook based on the launch of its Fire phone when it posts second-quarter results, one analyst said. SunTrust's Robert Peck expects a strong second quarter in line with Street views when Amazon reports on July 24, but the company's guidance...
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SunTrust: Facebook Looking At Strong Q2, Future Growth
Wednesday, July 16, 2014 - 9:18am | 195Facebook's (NASDAQ: FB) second-quarter results are widely expected to reveal strong performance when the company reports July 23. SunTrust's Robert Peck reiterated a Buy rating and $72 target Wednesday, forecasting second-quarter earnings of $0.33 per share on revenue of $2.86 billion....
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SunTrust Sees In-Line Q2 For Google
Friday, July 11, 2014 - 9:44am | 185In a report published Friday, SunTrust analyst Robert Peck previewed Google's (NASDAQ: GOOG) (NASDAQ: GOOGL) second quarter earnings. Peck expects the company's results to come in-line with expectations. The analyst wrote, "While we expect inline results, we think investor expectations are subdued...
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SunTrust Calls Twitter's New CFO Appointment 'Surprising'
Wednesday, July 2, 2014 - 9:48am | 366In a report published Tuesday, SunTrust analyst Robert Peck gave some quick thoughts on the "surprising" change of the Twitter's (NYSE: TWTR) CFO. Twitter Announces Appointment of New CFO In an 8-K filing on July 1, the company announced that former Goldman Sachs banker Anthony...
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SunTrust Robinson Humphrey Lowers Revenue/EPS Forecast For eBay
Wednesday, July 2, 2014 - 8:33am | 119In a report published Wednesday, SunTrust Robinson Humphrey analyst Robert Peck reiterated a Neutral rating and $58.00 price target on eBay (NASDAQ: EBAY). In the report, SunTrust Robinson Humphrey noted, “We are lowering our forecasts for Ebay, particularly the Marketplaces businesses, due to our...
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UPDATE: SunTrust Initiates Coverage On JD.com - China's 'Largest eCommerce Direct Seller'
Tuesday, July 1, 2014 - 8:00am | 184In a note released Tuesday morning, SunTrust analyst Bob Peck initiated coverage on JD.com (NASDAQ: JD) with a Buy rating and a 2015 price target of $35. Peck began by noting that JD is the clear leader in China's eCommerce direct sales with 47 percent market share. The nearest competitor...
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Web.com Sell-Off Is Overdone; SunTrust Sees Buying Opportunity
Wednesday, June 25, 2014 - 11:16am | 304In back-to-back reports, SunTrust analyst Robert Peck sticks to his thesis that Web.com's (NASDAQ: WWWW) sell-off is overdone on Google's (NASDAQ: GOOG) announcement that it is entering domain registrations. Peck remarked Tuesday on Google's natural position in the domain...
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3 Implications Of Google Domain Registrations Every Web.com Investor Should Consider
Tuesday, June 24, 2014 - 3:17pm | 386Shares of Web.com Group (NASDAQ: WWWW) plummet more than 23.9 percent following the announcement of Google entering domain registrations. Below are three implications that analysts commenting on Web.com shares shared in notes on Tuesday. A "Manageable" Impact In an earlier note,...
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Breakdown Of Amazon Phone Opportunity By SunTrust
Wednesday, June 18, 2014 - 12:29pm | 246In a report published Wednesday, SunTrust analyst Robert Peck commented that Amazon.com's (NASDAQ: AMZN) potential phone launch could add more than $2 billion in revenue. Peck remarked on possible assumptions for the launch given a rumored partnership with AT&T (NYSE: T) and 3D...
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Why Is MoPub So Valuable For Twitter? SunTrust's Bob Peck Comments
Tuesday, June 17, 2014 - 8:24am | 160Robert Peck began his Twitter (NYSE: TWTR) note released Tuesday morning by commenting, "We think Twitter's MoPub exchange is one of its greatest assets, allowing clients to fill mobile inventory directly or through real-time bidding." Looking forward, Peck estimates that MoPub could bring in over...
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SunTrust On Yelp: Acquisition Target, Gained $750M On Open Acquisition Sympathy
Monday, June 16, 2014 - 9:14am | 371SunTrust published Monday morning that Yelp (NYSE: YELP) gained $750 million on OpenTable (NASDAQ: OPEN) acquisition sympathy, with a little bit from SeatMe and a lot from Yelp as an acquisition target. SunTrust analyst Robert S. Peck noted how Yelp was up on Friday on the acquisition of...
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Twitter Shares Chirp Higher Following Analyst & Media Coverage Of COO Resignation
Thursday, June 12, 2014 - 12:21pm | 425Following Twitter's (NYSE: TWTR) announcement of the resignation on Chief Operations Officer Ali Rowghani, SunTrust analyst Robert Peck commented on the company's reshuffling. Details on the Resignation In an 8-K filing on Thursday morning, Twitter reported that Ali Rowghani has...