Brian Fitzgerald

Analysts at Wells Fargo & Co (NYSE: WFC) and Morgan Stanley (NYSE: MS) each gave Activision Blizzard Inc (NASDAQ: ATVI) an updated price target of $95 per share Monday, following the news the buyout deal tendered by Microsoft Corp (NASDAQ: MSFT) may be blocked. What Happened: Microsoft is...

Pinterest reported second-quarter financial results after the close Monday and saw shares jump on the report and guidance that calls for mid-single digit year-over-year growth for the third quarter. Here’s what analysts had to say about earnings and new CEO Bill Ready. The Pinterest Analysts...

Analysts are sizing up Wednesday's second-quarter earnings report from Meta Platforms that cited weaker advertising spending and several macro headwinds for the social media platform. Could growth of Reels be enough to offset revenue declines?  The Meta Platforms Analysts: RBC...

Google-parent Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) reported quarterly revenue at $69.7 billion, up 13% year-over-year but short of Street expectations of $69.88 billion. The company’s profits fell to $16 billion, or $1.21 per share, below the consensus estimate of $1.29 per share....

Match Group Inc (NASDAQ: MTCH) reported strong first-quarter results, despite headwinds. However, management guided to second-quarter revenue growth of 4%-5%, below Street expectations, and projected fiscal 2022 revenue growth towards the lower end of the previous guidance range of 15%-20%, with...

Airbnb Inc (NASDAQ: ABNB) shares traded higher by 4.9% on Wednesday after the company reported big first-quarter earnings growth and said it expects a sharp rebound in summer travel in 2022 as pandemic headwinds abate. On Tuesday, Airbnb reported a first-quarter adjusted EPS loss of 3 cents, well...

Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) shares traded lower by 3% on Wednesday after the tech giant reported an earnings miss and disappointed the market with its YouTube numbers. On Tuesday, Alphabet reported first-quarter adjusted EPS of $24.62 on revenue of $68.01 billion. Both numbers fell...

Chewy Inc (NYSE: CHWY) shares rebounded Monday after a sharp post-earnings sell-off on Friday. Wall Street analysts have mixed opinions about whether investors should be buying the Chewy dip. On Thursday, Chewy reported an adjusted EPS loss of 8 cents per share, missing the analyst consensus...

Analysts share their reactions and new price targets on shares of DoorDash Inc (NYSE: DASH), which reported second-quarter earnings Thursday after market close. The DoorDash Analysts: Barclays analyst Ross Sandler had an Equal Weight rating and raised the price target from $160 to $183....

Chewy Inc (NYSE: CHWY) shares traded lower by 5.4% Friday after the company reported better-than-expected first-quarter earnings and revenue on Thursday afternoon. Chewy reported first-quarter EPS of 9 cents on revenue of $2.14 billion. Both numbers beat consensus analyst estimates of a 3-cent...

Food delivery platform DoorDash Inc (NYSE: DASH) could become an "iconic consumer brand," but investors should wait for a better entry point before buying the stock, according to Wells Fargo. The DoorDash Analyst: Brian Fitzgerald initiated coverage of DoorDash's stock with an...

Social media company Snap Inc (NYSE: SNAP) has introduced new features like Music Lenses that better position it against rival TikTok, according to Wells Fargo. The Snap Analyst: Brian Fitzgerald maintained an Overweight rating on Snap with a price target lifted from $20 to $28. The...

Like rival Lyft Inc (NASDAQ: LYFT), Uber Technologies Inc (NYSE: UBER) reported mixed first-quarter earnings with a big bottom-line miss and significant top-line beat. But by and large, analysts offered glass-half-full interpretations. The Details Morgan Stanley celebrated 20% rides bookings growth...

Pinterest Inc (NYSE: PINS) shares were tumbling more than 12% on Wednesday after the company reported slowing user growth in the first quarter. On Tuesday afternoon, Pinterest reported an adjusted earnings per share loss of 10 cents on revenue of $272 million. Losses were slightly heavier than the...

Uber Technologies, Inc. (NYSE: UBER) announced late last week that it will record an up to $2.2-billion impairment against equity investments and withdrew its fiscal 2020 guidance, citing uncertainties in the COVID-19 environment. Although the company has made no disclosure, the write-down could be...