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Apple's Next Catalyst Might Not Be The Watch Or Music
Monday, August 17, 2015 - 2:57pm | 491Macquarie analyst Ben Schachter was on CNBC Monday to discuss his outlook on Apple Inc. (NASDAQ: AAPL)'s stock and to share what he believes is going to be the next catalyst for the company. Here is what he said. The Most Important Issue "I still like the stock," Schachter said....
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If The iPhone Declines, The App Store Can Drive Apple Stock
Monday, August 10, 2015 - 12:49pm | 317In a new report, Macquarie Research analyst Ben Schachter discusses Apple Inc. (NASDAQ: AAPL) ’s potential growing reliance on its App Store for durable growth numbers. If recent iPhone numbers are indicative of continued growth weakness for the device, Schachter believes it will be up to...
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eSports Are Now Being Analyzed On Wall Street
Wednesday, June 24, 2015 - 12:30pm | 929Whether or not investors actually believe the field is a sport, "eSports" have gained enough global attention for the debate to at least be warranted. With the industry gaining national media coverage and is officially defined in Dictionary.com; it only makes sense that a notable...
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The 22 Top-Ranked Apple Analysts
Monday, April 27, 2015 - 3:13pm | 305TipRanks provided the top 22 analysts for Apple Inc. (NASDAQ: AAPL) based on a ranking of four or more stars. Based on TipRanks criteria, below are the top analysts along with their latest ratings and price targets for Apple. The list descends according to analyst action with the most recent...
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Macquarie: Amazon.com, Inc. Aspires To Be Leader In Payments
Friday, October 3, 2014 - 1:37pm | 362Ben Schachter of Macquarie Research utilized some sleek detective work to gain a better understanding of Amazon.com, Inc's (NASDAQ: AMAZN) payments ambitions. "With so much focus on the dynamic competitive environment for payments, we remind investors that Amazon.com also aspires to be...
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Twitter Moving Higher On Macquarie Upgrade
Tuesday, July 15, 2014 - 8:52am | 178Shares of Twitter (NYSE: TWTR) are getting a boost Tuesday following an upgrade by Macquarie on limited downside risk. The research house changed its rating from Underperform to Neutral. “While we remain concerned about user growth trajectory and valuation, we see limited downside given...
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How Yahoo Is Using Tumblr To Increase Revenue
Monday, June 23, 2014 - 11:50am | 615Yahoo (NASDAQ: YHOO) CEO, Marissa Mayer wants to reverse the company’s decline in advertising revenue. She thinks the best way to do it is through a stable of digital magazines on a variety of topics including food, technology, movies and travel. Mayer’s goal is to get people...
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Macquarie Analyst: Amazon Shifting Business Away From FedEx To UPS
Thursday, June 19, 2014 - 1:50pm | 281FedEx (NYSE: FDX) may be losing Amazon (NASDAQ: AMZN) as a customer, an analyst speculated Thursday. In a conference call Thursday, FedEx told investors it had lost "one large customer" for its FedEx SmartPost service in the recent quarter, driving down volume for the segment by eight...
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Analysts Split On Amazon's Firefly Pricing & Strategy
Thursday, June 19, 2014 - 12:35pm | 188Amazon.com's (NASDAQ: AMZN) newly launched Firefly smartphone came under the microscope Thursday as analysts tendered mixed views on pricing and strategy. A skeptical Eric Sheridan of UBS maintained a Neutral rating and $365 target Thursday, saying Amazon's strategy of "pushing deeper into hardware...
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UPDATE: Yahoo Upgraded Ahead of Earnings; Analyst Values Alibaba IPO Between $160-$180B
Tuesday, April 15, 2014 - 11:51am | 172On Tuesday, Macquarie upgraded shares of Yahoo (NASDAQ: YHOO) from Neutral to Outperform and raised the price target from $37.50 to $40. The company is also expected to report first quarter earnings after market close on Tuesday. Analyst Ben Schachter believes investors should buy the stock “...
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UPDATE: Macquarie Initiates Coverage, Takes Fresh Look on Apple Growth Drivers
Friday, March 21, 2014 - 8:33am | 102On Friday, Macquarie initiated coverage on Apple (NASDAQ: AAPL) with an Outperform rating and $630 price target, representing 19 percent upside from current levels. Analyst Ben Schachter believes iTunes is an “underappreciated business” and by 2020 could account for 30 percent of total sales....
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Investors Shrug at Pacific Crest Concerns as News of 'The Plaza' Dominates eBay Tape
Thursday, January 16, 2014 - 5:26pm | 172Macquarie analyst Ben Schachter is optimistic on eBay Inc. (NASDAQ: EBAY) reporting that the company will introduce a new marketplace called "The Plaza" in the spring. "The Plaza" will focus on direct-to-consumer sales, similar to Alibaba's Tmall. The analyst noted that "The Plaza" will allow...
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Did Amazon Confirm The Number Of Prime Members?
Tuesday, January 7, 2014 - 12:25pm | 650Online retailer Amazon (NASDAQ: AMZN) hasn’t exactly been a “fount” of information when it comes to providing data about its Prime membership service. That is, until now. To date, the closest Amazon has come to divulging numbers of Prime members was on December 26, when the company indicated...
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UPDATE: Macquarie Downgrades Twitter, Fundamentals Aren't Cause of Price Hike
Friday, December 27, 2013 - 8:31am | 197In a report published Friday, Macquarie analyst Ben Schachter downgraded Twitter (NYSE: TWTR) from Neutral to Underperform with a price target of $46.00. According to the report, nothing over the past few weeks has changed in the fundamentals that would justify the recent sharp rise in shares....
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Amazon Rumored to Launch Own Consumables Brand
Wednesday, November 20, 2013 - 4:09pm | 216On Tuesday, Jason Del Rey from AllThingsD noted that Amazon.com (NASDAQ: AMZN) could be preparing to launch their own consumables brand. Rey researched recent job postings from Amazon.com and specifically noted the listing for a financial analyst including the "launch of the Private Label...