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Wunderlich Securities Sees Potential Acquirers For Angie's List Inc
Friday, October 3, 2014 - 8:18am | 166In a report published Friday, Wunderlich Securities analyst Blake T. Harper reiterated a Buy rating and $13.00 price target on Angie's List Inc (NASDAQ: ANGI). In the report, Wunderlich Securities noted, “This week it was reported that Angie's List, Inc. (ANGI) hired an investment bank to explore...
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Wunderlich Securities Believes Library Growth Should Support Q3 Estimates For Shutterstock Inc
Tuesday, September 30, 2014 - 9:26am | 152In a report published Tuesday, Wunderlich Securities analyst Blake T. Harper reiterated a Buy rating and $92.00 price target on Shutterstock Inc (NYSE: SSTK). In the report, Wunderlich Securities noted, “Shutterstock, Inc. (SSTK) has added 3.8 million images to its library by 9/29/14, which...
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Wunderlich Securities Believes User Growth Supports 3Q Expectations For MeetMe Inc
Wednesday, September 24, 2014 - 8:10am | 167In a report published Wednesday, Wunderlich Securities analyst Blake T. Harper reiterated a Buy rating and $4.50 price target on MeetMe Inc (NASDAQ: MEET). In the report, Wunderlich Securities noted, “MeetMe, Inc. (MEET) traffic data from Quantcast continues to support our projections for user...
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UPDATE: Wunderlich Securities Reiterates On TripAdvisor On Updated Hotel Listings And Expanding Local Business
Monday, August 25, 2014 - 7:55am | 177In a report published Monday, Wunderlich Securities analyst Blake T. Harper reiterated a Hold rating on TripAdvisor (NASDAQ: TRIP), and raised the price target from $88.00 to $100.00. In the report, Wunderlich Securities noted, “Last week TripAdvisor, Inc. (TRIP) updated its Hotel Listings page...
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Wunderlich Securities Sees Library Expansion Supporting Growth Projections For Shutterstock
Thursday, August 21, 2014 - 11:30am | 161In a report published Thursday, Wunderlich Securities analyst Blake T. Harper reiterated a Buy rating and $92.00 price target on Shutterstock (NYSE: SSTK). In the report, Wunderlich Securities noted, “Shutterstock, Inc. (SSTK) has added 2 million images to its library halfway through Q2, which...
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Wunderlich: Groupon Local Business Not Delivering
Wednesday, August 6, 2014 - 11:49am | 337Blake T. Harper of Wunderlich Securities downgraded shares of Groupon (NASDAQ: GRPN) from Buy to Hold with a price target lowered to $6 from a previous $10 following the company's second quarter results. The analyst noted the reason for the downgrade is due to a lower-than-expected growth...
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Market May Seize On Any Upside In Groupon Q2 Results
Tuesday, August 5, 2014 - 2:14pm | 285Buzz has it that any upside in Groupon's (NASDAQ: GRPN) second-quarter report Tuesday may get seized on by investors and potentially drive the shares higher. With short interest now at 16 million of Groupon's 679 million shares outstanding, a squeeze could contribute to any short-term...
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Wunderlich Comments On Yelp Following A 'Solid' Q2
Thursday, July 31, 2014 - 8:00am | 204Early Thursday morning, Wunderlich issued a note in which CFA Blake T. Harper provided details on his outlook for Yelp (NYSE: YELP) as the company moves forward. Harper began the note commenting, "The company posted its first ever GAAP profit and has leverage in the model that we believe...
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UPDATE: Wunderlich Securities Reiterates On Twitter Following Q2 Results
Wednesday, July 30, 2014 - 8:33am | 181In a report published Wednesday, Wunderlich Securities analyst Blake T. Harper reiterated a Hold rating on Twitter (NYSE: TWTR), and raised the price target from $35.00 to $45.00. In the report, Wunderlich Securities noted, “Twitter, Inc. (TWTR) reported Q2 results of $312M in revenues and $54M in...
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LinkedIn, Down 17% Year To Date, May Offer Stronger 2H Outlook
Tuesday, July 29, 2014 - 11:16am | 317LinkedIn (NYSE: LNKD) shares are down 17.5 percent year to date and when the company posts results Thursday, investors will look for signs of a slow-down in revenue growth as well as how markets in Asia are shaping up. CEO Jeffrey Weiner wants to see membership grow to more than 300 million....
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Will Twitter's Q2 Fall Victim To Law Of Large Numbers?
Monday, July 28, 2014 - 4:36pm | 343Whether Twitter (NYSE: TWTR) falls victim to the law of large numbers is a question investors will ask Tuesday when it posts second-quarter results. Stock in the social media company is down 40 percent year to date over concerns its user base can no longer grow at the exponential rate shown in...
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Wunderlich Securities Sees Share Offer Coming For MeetMe
Wednesday, July 23, 2014 - 8:44am | 134In a report published Wednesday, Wunderlich Securities analyst Blake T. Harper reiterated a Buy rating and $4.50 price target on MeetMe (NASDAQ: MEET). In the report, Wunderlich Securities noted, “Revenue and average mobile daily active users (DAUs) are slightly better than our forecast. The...
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UPDATE: Wunderlich Securities Initiates Coverage On MeetMe On Good Upside Potential
Wednesday, June 18, 2014 - 8:13am | 165In a report published Wednesday, Wunderlich Securities analyst Blake T. Harper initiated coverage on MeetMe (NASDAQ: MEET) with a Buy rating and $4.50 price target. In the report, Wunderlich Securities noted, “We are initiating coverage of social networking platform MeetMe, Inc. (MEET) with a Buy...
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UPDATE: Wunderlich Securities Upgrades Angie's List On Improving Trends, Sales Productivity
Wednesday, June 11, 2014 - 10:32am | 173In a report published Wednesday, Wunderlich Securities analyst Blake T. Harper upgraded the rating on Angie's List (NASDAQ: ANGI) from Hold to Buy, and reiterated the $15.00 price target. In the report, Wunderlich Securities noted, “We are upgrading Angie's List (ANGI) to a Buy from a Hold given...
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UPDATE: Wunderlich Upgrades Twitter
Friday, May 16, 2014 - 10:49am | 148In a report issued Friday, Wunderlich Securities upgraded its rating of Twitter (NYSE: TWTR) from Sell to Hold with a new target price of $35. Analyst Blake T. Harper sees Twitter as a, "victim of blind investors and hype machine" which was "hijacked" by investors pushing the stock up to...