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Victor Anthony Upgrades Pandora To Buy, Take-Out Price Above $20 'Seems Reasonable'
Thursday, June 9, 2016 - 10:02am | 335Read More...Victor Anthony of Axiom Capital said Pandora Media Inc (NYSE: P) is still a takeover target, and a price of above $20 "seems reasonable." Anthony also upgraded the stock to Buy from Neutral, saying that there is a greater probability of "Pandora building a successful and differentiated on-demand...
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Expect PayPal To Remain In Holding Pattern Following Analyst Day
Thursday, May 19, 2016 - 6:15pm | 273Read More...Noted tech analyst Victor Anthony of Axiom Capital issued a research note Thursday afternoon that suggested shares of PayPal Holdings Inc (NASDAQ: PYPL) are likely to remain in a holding pattern. The note followed the company's first-ever Analyst Day since separating from eBay Inc (NASDAQ:...
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Expanded Restaurant Delivery On Prime Now A Negative Read Through For GrubHub, One Analyst Says
Tuesday, May 17, 2016 - 5:29pm | 140Read More...Amazon.com, Inc. (NASDAQ: AMZN) announced its Free Restaurant Delivery Service expansion into Manhattan and Dallas. In response to Amazon's entrance into the sector, Grubhub (NYSE: GRUB), the largest restaurant delivery service, closed down 7.83 percent to $23.30. Axiom's Victor Anthony...
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Facebook Investors Saw One 'Clear Positive' Recently
Tuesday, May 17, 2016 - 5:21pm | 356Read More...Facebook (NASDAQ: FB) is down 2 percent this week. On one hand, CEO Mark Zuckerberg agreed to meet with conservative leaders to address allegations that the site has a political bias. A former Facebook employee and prominent conservative figures have publicly argued that the social media site...
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Axiom's Anthony: Twitter Just Had Two Positive News Items
Tuesday, May 17, 2016 - 5:16pm | 169Read More...The market favored Twitter Inc (NYSE: TWTR)'s actions to loosen its 140-character limit in addition to adding Debra Lee to the board. Twitter shares climbed more than 2 percent before falling back to close with a 0.35 percent gain by Tuesday's close. Axiom’s Anthony stated on CNBC...
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PayPal Could Offer Long-Term Guidance At Analyst Day
Tuesday, May 17, 2016 - 5:04pm | 247Read More...Paypal Holdings Inc (NASDAQ: PYPL) is scheduled to host its first-ever post-spin analyst day in San Jose on Wednesday, and analysts seem bullish ahead of the event. Over the past couple of days, SunTrust reiterated a Buy rating on the stock, same as Jefferies. Credit Suisse maintained an...
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Pandora Sale? Analyst Says Not So Fast
Tuesday, May 17, 2016 - 4:37pm | 214Read More...Late Monday night, Corvex's Keith Meister sent a letter to Pandora Media Inc (NYSE: P)'s board, urging the company to explore a sale. On the heels of this letter, the streaming music service jumped 6 percent to $10.59. Near the end of Tuesday's training session, Axiom's Victor...
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Victor Anthony: Tinder Still 'Killing It'
Wednesday, May 4, 2016 - 3:48pm | 349Read More...Shares of Match Group Inc (NASDAQ: MTCH) were trading up more than 12.6 percent on Wednesday, following the announcement of the company’s Q1 results. After the bell on Tuesday, the dating services provider reported EPS of $0.11 on revenue of $285.28 million - up 21.4 percent year-over-year...
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Axiom Sees 40% Upside In Alphabet As Google Continues To Dominate
Wednesday, May 4, 2016 - 8:51am | 263Read More...Alphabet Inc (NASDAQ: GOOGL) shares have lost 7 percent since April 5. Axiom’s Victor Anthony maintained a Buy rating for the company, with a price target of $1,001. The analyst believes that is “tremendous upside” amid the market volatility and there are a number of catalysts...
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Amazon's Results Should Allay Concerns Co. Is Embarking On Aggressive Investment Cycle Related To Logistics
Friday, April 29, 2016 - 11:14am | 248Read More...Amazon.com, Inc. (NASDAQ: AMZN) reported “exceptionally strong” 1Q16 results, beating expectations. Axiom’s Victor Anthony maintained a Buy rating on the company, while raising the price target from $797 to $811. Amazon reported its 1Q revenue at $29.13 billion, representing...
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Axiom's Victor Anthony: Amazon's 'Standout' Takeaway Is Its Retail Business
Friday, April 29, 2016 - 9:53am | 287Read More...Amazon.com, Inc. (NASDAQ: AMZN) wowed the investment community with its impressive Q1 earnings beat. While investors were focusing on Amazon's AWS segment, which demonstrated tremendous growth, Axiom Capital Management's Victor Anthony argued Amazon's "standout" takeaway...
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Axiom Lifts Facebook's Target To $155 As It's Consolidating The Majority Of Economics Of Media's Ad Shift
Thursday, April 28, 2016 - 7:49am | 214Read More...Facebook Inc (NASDAQ: FB) delivered a strong start to the year, with 1Q16 results ahead of expectations. Axiom’s Victor Anthony maintained a Buy rating for the company, while raising the price target from $150 to $155. Facebook’s 1Q16 results were significantly ahead of Axiom’...
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Here's What Twitter Metrics You Should Be Watching For Today
Tuesday, April 26, 2016 - 3:07pm | 424Read More...Twitter Inc (NYSE: TWTR) earnings have been at the heart of many issues in the past. Tech companies can be difficult to value at times due to many variables, let alone quarterly reports. However, with Twitter reporting earnings after the close today, what numbers are important to gauge the...
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Twitter Preview: Axiom Analyst Sees Jack Dorsey's Efforts To Show Progress
Tuesday, April 26, 2016 - 2:44pm | 433Read More...Twitter Inc (NYSE: TWTR) is expected to release its first-quarter results after the market close on Tuesday. Victor Anthony of Axiom expects Jack Dorsey's efforts to show progress, albeit slow. Expectations For The Print Wall Street analysts, on average, expect the micro-blogging site to earn $0.10...
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Here's What Google Metrics You Should Be Watching For
Thursday, April 21, 2016 - 2:21pm | 304Read More...Perennially one of the most anticipated earnings of the year, Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) is set to report Q1 results after hours today. We often focus on the top and bottom line numbers (revenue and EPS), but while these are extremely useful figures to compare to estimates, what...
