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Loop Capital Starts Groupon At Hold, Points To Co History As Reason To Have Muted Expectations For Performance
Wednesday, September 14, 2016 - 7:20am | 308Although Groupon Inc (NASDAQ: GRPN) has grown its revenue by adding a significant number of new customers, while streamlining its operations to boost future profitability, the company would need to “overcome a history of inconsistent execution and tepid growth” to warrant a more...
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Macro Trends A Positive For LendingTree
Thursday, September 8, 2016 - 10:48am | 382Loop Capital Markets analyst Blake Harper believes there is no change in macro trend or data for Lendingtree Inc (NASDAQ: TREE). The analyst's confidence remains intact for the near term. Therefore, Harper reiterated the Buy rating and $150 target price on the company. In the last four quarters,...
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Here's Why MeetMe Has 64% Upside
Friday, August 26, 2016 - 8:27am | 409MeetMe Inc (NASDAQ: MEET) has been growing its user base, and also improving its monetization of users, Loop Capital Markets’ Blake Harper said in a report. He initiating coverage of MeetMe with a Buy rating and a price target of $9, commenting that the company should eventually be able to...
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Why This TrueCar Analyst Is Waiting On The Sidelines
Thursday, August 11, 2016 - 11:24am | 324Loop Capital’s Blake Harper mentioned that the new CEO of TrueCar Inc (NASDAQ: TRUE) is in the process of implementing an ambitious remodeling of the business and sales practices, with the aim of improving the company’s strained relationships with its dealer customers. Harper...
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Bankrate's New Management Addresses Legal, Regulatory Issues
Thursday, August 11, 2016 - 10:54am | 267Loop Capital Markets sees opportunity for Bankrate Inc (NYSE: RATE) to increase conversions and add value for customers with dynamic pricing, an improved mobile user experience and personalization. However, the brokerage initiated the coverage of RATE with a Neutral rating and $9 price target...
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Loop Capital Initiates Coverage On Quotient With Buy Rating, $16 Target
Thursday, August 11, 2016 - 8:37am | 329Loop Capital’s Blake Harper believes the ability of Quotient Technology Inc (NYSE: QUOT) to expand with its existing retailer customers would be the key driver of continued upside to its revenue growth outlook for 2016. Harper initiated coverage of the company with a Buy rating and price...
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Yelp, Angie's List Seen As Most Likely Acquisition Candidates In SMID-Cap Internet
Thursday, December 3, 2015 - 12:50pm | 518Blake Harper of Topeka Capital Markets reviewed the small-mid cap Internet sector, noting that consolidation in the space is "likely to continue." Harper suggested that potential acquisition targets include companies with mobile user bases, unique assets, and marketplaces with large...
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LinkedIn's Armageddon And Wall Street's Reaction
Friday, May 1, 2015 - 9:51am | 651Shares of LinkedIn Corp (NYSE: LNKD) were trading lower by nearly 20 percent Friday morning after the company reported its first quarter results along with a disappointing outlook. Here are how some of Wall Street's top analysts reacted to the print. Wunderlich: Lowering Estimates But Metrics Still...
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Everything Wall Street Has Said About Twitter This Week
Tuesday, April 28, 2015 - 11:45am | 758Twitter Inc (NYSE: TWTR) is scheduled to report its first quarter results on Tuesday after market close. Here is a roundup of commentary from Wall Street's top analysts. Wedbush: Focus On Users And Engagement Shyam Patil of Wedbush commented in a note on Monday that Twitter is expected...
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Does Angie's List CEO Change Affect Shareholders?
Thursday, April 16, 2015 - 12:27pm | 348Wunderlich issued a company note on Angie’s List Inc (NASDAQ: ANGI) after the announcement that CEO Bill Oesterle is leaving the company. Wunderlich rates Angie’s List as Hold with a $6 price target. Analyst Blake Harper wrote, “Angie's List announced that CEO Bill...
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Wunderlich Says It's Time To Buy RetailMeNot
Wednesday, April 8, 2015 - 9:38am | 253In a report published Wednesday, Wunderlich Securities analyst Blake Harper suggested that RetailMeNot Inc (NASDAQ: SALE) is poised to benefit from stronger consumer adoption of mobile commerce. "Mobile commerce is accelerating in the U.S. according to multiple industry reports and we believe this...
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Wunderlich Comments On Negative Yelp Documentary
Friday, March 20, 2015 - 10:39am | 172Wunderlich Securities on Friday issued a report on Yelp Inc (NYSE: YELP) after news reports of a highly critical documentary is in production. Wunderlich rates Yelp as a Buy with a $90 price target. Analyst Blake Harper wrote, "...we don't believe the film has uncovered any new or...
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Wunderlich's 3 Key Takeaways From Shutterstock's Report
Friday, February 13, 2015 - 12:16pm | 220After reporting fourth quarter earnings that exceeded expectations Wunderlich Securities reviewed Shutterstock Inc (NYSE: SSTK) reiterating its Buy rating and $92 price target. The stock photography company reported a 34 percent increase in revenue to $91.2 million and EPS of $0.35 beating the...
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Improved Mobile Monetization For RetailMeNot Should Be A Boon In 2015
Wednesday, February 11, 2015 - 11:58am | 199RetailMeNot Inc (NASDAQ: SALE) was reviewed by Wunderlich Securities on Tuesday after the company reported strong fourth quarter earnings. Revenue was 2 percent above analyst estimates while EPS was 34 percent above estimates. Wunderlich currently rates RetailMeNot as a Buy and lowered its price...
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Wunderlich Says Twitter Is Set Up For A Strong Q4 Print
Wednesday, January 28, 2015 - 11:05am | 237Blake Harper of Wunderlich on Wednesday commented in a note that Twitter Inc (NYSE: TWTR) is expected to report a strong fourth-quarter results, even though user growth still remains a concern. “Twitter made a strong case at its Analyst Day that it has and can monetize a much larger...