Blake Harper

Bankrate Inc (NYSE: RATE) delivered better-than-expected results for the third quarter and offered upbeat outlook for the rest of the year. Following this, the stock gained about 15 percent, as the brokerage house started reviewing the target prices and rating. Upgrade To Buy -Loop Capital For its...

Groupon Inc (NASDAQ: GRPN) shares plunged more than 19 percent as investors were disappointed with falling gross billings and the acquisition of loss-making Living Social. For the third quarter, the daily deals site reported lower-than-expected loss, with revenues and adjusted EBITDA topping...

Twitter Inc (NYSE: TWTR) is scheduled to report its Q3 results on October 27. Even if the company announces disappointing results or guidance, M&A speculation would provide a floor to the share price and limit downside, Loop Capital Markets’ Blake Harper said in a report. He upgraded...

GrubHub Inc (NYSE: GRUB) is scheduled to report its Q3 earnings on October 27, and Loop Capital’s Blake Harper believes that the results would come in marginally ahead of the consensus expectations, with about 38 percent year on year revenue growth and 48 percent year on year EBITDA growth....

Loop Capital’s Blake Harper noted that “persistently low mortgage rates have lowered lender demand, who have seen more organic leads from their own customers.” Harper maintains a Buy rating on Lendingtree Inc (NASDAQ: TREE), while lowering the price target from $150 to $145. The...

Loop Capital believes that chances of Twitter Inc (NYSE: TWTR) getting a takeout bid are high, but it is unlikely the company will get a meaningfully premium to the current price. The reason cited is its relative valuation to faster growing peers and strained capacity of buyers — except...

Shares of MeetMe Inc (NASDAQ: MEET) are recovering after an 8 percent fall on Tuesday on the back of investor disappointment. The disgruntled investor sentiment revolved around the company's preliminary third-quarter revenue results, which are just below the midpoint of guidance. MeetMe announced...

It has now been almost a full week since CNBC's David Faber reported that Twitter Inc (NYSE: TWTR) is engaged in discussions with potential acquirers over a sale of itself. The initial report last Friday singled out salesforce.com, inc. (NYSE: CRM) and Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) as...

Loop Capital has downgraded Twitter Inc (NYSE: TWTR) to Sell from Hold, saying that although the company may get acquisition offers, the price would not be that high. Further, the brokerage said the urgency of Twitter to sell itself indicates another disappointing earnings print could be in the...

Twitter Inc (NYSE: TWTR) shares have declined 20 percent year-to-date, but have rallied 30 percent from their lows and the stock valuation is currently in line with that of its peers. Loop Capital’s Blake Harper initiated coverage of the company with a Hold rating and $18 price target....

Given the “growth opportunity, competitive moat and ability to take share in the advertising market,” Loop Capital’s Blake Harper believes Facebook Inc (NASDAQ: FB) deserves a premium valuation. Harper initiated coverage of the company with a Buy rating and price target of $165....

Loop Capital is positive on Etsy Inc (NASDAQ: ETSY)'s acquisition of privately held Blackbird Technologies, Inc., the machine learning capabilities of which would enable Etsy to provide more relevant search results and recommendations, which in turn should result in higher conversions. The...

Loop Capital started RetailMeNot Inc (NASDAQ: SALE) shares at Hold with a price objective of $11, as the brokerage is waiting for catalysts from mobile in-store business. The comments come after the stock recorded a 27 percent jump following the second-quarter earnings beat by 150 percent on August...