Bob Peck

While mentioning three investor concerns around Facebook Inc (NASDAQ: FB), SunTrust Robinson Humphrey’s Bob Peck noted in a report that none of these were currently significant enough to impact the company’s financials. He maintained a Buy rating on Facebook, with a price target of...

Alibaba Group Holding Ltd (NYSE: BABA) Singles' Day on was undoubtedly a hit, raking in nearly $18 billion in gross merchandise value. Singles' Day is now the world’s largest online shopping event and bigger than Black Friday. Alibaba’s Singles' Day haul grew 32 percent...

After Fitbit Inc (NYSE: FIT)'s not-so-disappointing Q3 report but lowered guidance for Q4 and beyond, the market reacted. Shares were trading down nearly 30 percent mid-day Thursday with little or no bounce back after hitting $9 per share. Morgan Stanley Research: Downgraded to Equal Weight...

Although Fitbit Inc (NYSE: FIT) reported broadly in-line Q3 results, its Q4 guidance implied a sharp decline, raising questions around “customer demand, and the category's maturity,” SunTrust Robinson Humphrey’s Robert S. Peck said in a report. He downgraded the rating on the...

Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) reported strong quarterly results, as the company achieved growth and margin expansion. Google “continues to balance LT growth investments (i.e. Cloud), with capital returns (announcing a $7 billion buyback),” SunTrust Robinson Humphrey’...

Amazon.com, Inc. (NASDAQ: AMZN) reported Q3 results with robust unit, revenue and gross profit growth, despite tougher comps. Bob Peck of SunTrust Robinson Humphrey maintained a Hold rating on the company, with a price target of $850. Margin Pressure Peck mentioned that the Q4 margin...

Twitter Inc (NYSE: TWTR) stock has been all over the map in 2016 as wave after wave of buyout rumors has come and gone. However, with buyout chatter dying down for the most part, SunTrust analyst Robert Peck believes the company’s Q3 earnings report and management commentary could provide...

Twitter Inc (NYSE: TWTR) is seeking to address fundamental weakness with some drastic measures. If a report that appeared in Bloomberg is to be believed, the company may soon announce plans to eliminate 8 percent (about 300 individuals) of its workforce.   SunTrust, in a research note...

Although Yahoo! Inc. (NASDAQ: YHOO) reported mixed results, they were overshadowed by the statement made by Verizon Communications Inc. (NYSE: VZ) General Counsel regarding the impact of the hack on the deal. Robert "Bob" S. Peck of SunTrust Robinson Humphrey maintains a Hold rating on the company...

SunTrust’s Bob Peck still remains on sidelines on Netflix, Inc. (NASDAQ: NFLX), despite the company’s strong third-quarter subscriber growth on the back of original content, which more than offset any impact of ungrandfathering and the Olympics. “While we roll out 2017 year-end PT...

Previewing Fitbit In (NYSE: FIT)'s third-quarter results, SunTrust said it sees scope for upside surprise from the company's guidance for a 15 percent sequential drop in third-quarter revenues based on expectations of 12.5 percent unit sales decline and a 1.5 percent decline in ASP. Rationale For...

Previewing the fiscal second-quarter results of Alibaba Group Holding Ltd (NYSE: BABA), SunTrust noted that core profitability remains strong, despite the near-term investments headwinds. The firm sees strong investor sentiment and business momentum, based on the company's analyst day takeaways...

Twitter Inc (NYSE: TWTR) had been trying to turnaround and its Plan B was the attempted sale of the company. With both these plans seeming unsuccessful, Twitter needs to have a Plan C, SunTrust’s Bob Peck said in a report. He maintained a Hold rating on the company, with a price target of $...