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Jefferies Says Snap's Engagement 'Remains Robust'
Friday, August 11, 2017 - 9:16am | 352A disappointing earnings report and plunge in the stock price represent is a perfect opportunity to take a long-term chance on Snap Inc (NYSE: SNAP), a Jefferies analyst said Friday. “Near-term issues hang on the stock, but we believe patient investors should look through the noise at the...
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Wall Street Weighs In On Amazon's Earnings Miss
Friday, July 28, 2017 - 2:45pm | 634Amazon.com, Inc. (NASDAQ: AMZN) shares tumbled more than 2 percent on Friday after the company’s second-quarter earnings report fell short of the markets expectations. A number of Wall Street analysts weighed in on Amazon following the report. Here’s a rundown of what they had to say....
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With 5 Million Advertisers Now Supplying Ads, Facebook's Mobile Ad Business Delivers Earning Beat
Thursday, May 4, 2017 - 10:11am | 462Reviewing Facebook Inc (NASDAQ: FB)'s first-quarter results, Jefferies said the company's mobile advertising business delivered another huge earnings beat. Q1 Print Analysts Brian Fitzgerald and Timothy Shea noted the company's revenues rose 49 percent year-over-year to $8 billion, above the $7....
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Conflicting Views On Paypal's Margins
Thursday, April 27, 2017 - 2:23pm | 499Following Paypal Holdings Inc's (NASDAQ: PYPL) first quarter results, sell-side analysts offered diverging views on the company's margin trajectory. While Jefferies suggested the company's margins shined, Loop Capital Markets opined that take rate and transaction margin deterioration...
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Jefferies Swipes Right On Match Group, Says Tinder Is The Asset To Watch
Tuesday, April 18, 2017 - 1:47pm | 423Jeffries initiated coverage of Match Group Inc (NASDAQ: MTCH) with a Buy rating and a $21 price target. The firm believes Tinder is the asset to watch, as the popular mobile dating app accelerates its monetization efforts. Accelerating Monetization At Tinder Analyst Brian Fitzgerald noted that...
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IAC Upgraded On Strength Of Match Group Sentiment; Is The Market Undervaluing Its Portfolio?
Tuesday, April 18, 2017 - 9:40am | 412IAC/InterActiveCorp (NASDAQ: IAC) may have more room to the upside. Jefferies has upgraded the internet stock to Buy, and analyst Brian Fitzgerald said investors aren’t fully appreciating the value of the company’s key brands. Strength In Match, HomeAdvisor Bolsters IAC According to...
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Jefferies Names Winners For Its 10 Internet Themes
Wednesday, January 11, 2017 - 10:54am | 691While video and mobile engagement will remain key drivers of the internet industry, fulfillment and logistics may gain more attention due to the continued growth in e-commerce volume, Jefferies’ Brian Fitzgerald said in a report. He highlighted 10 internet themes for 2017. Internet Themes Of...
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Jefferies Positive On Potential Alphabet-Honda Deal Over Self-Driving Cars
Thursday, December 22, 2016 - 2:52pm | 396Jefferies is positive on an announcement from Honda Motor Co Ltd (ADR) (NYSE: HMC) that it has entered into formal discussions with Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s Waymo over integration of its self-driving technology with Honda vehicles. Way More Progress With Waymo The news...
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Comparing The Competition In Home Services: HomeAdvisor, Amazon Home Services And Angie's List
Thursday, November 17, 2016 - 11:35am | 637The holiday season is around the corner, and many households use the "down time" to build/renovate their homes. As part of this process, many decide to invest in home services to aid their process, thus finding themselves confronted with a plethora of choices. Lucrative Market The home services...
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Interactive Corp, You're The Real MVP
Friday, November 4, 2016 - 12:38pm | 215On Wednesday, IAC/InterActive Corp (NASDAQ: IAC) reported estimate-beating earnings and revenue. Jefferies' equity research analyst Brian Fitzgerald maintains a Hold rating for the stock while raising his price target from $60 to $74 following the CEO's conference call on Thursday. The analyst...
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Jefferies Puts Facebook's 'Exceptional' Growth Into Perspective
Thursday, November 3, 2016 - 12:36pm | 434Putting Facebook Inc (NASDAQ: FB)'s exceptional growth in perspective, Jefferies said in a research note on Thursday that the company has grown its ad business by around $1.6 billion in the past two quarters, about almost twice the size of Yelp Inc(NYSE: YELP)'s business and half that of Twitter...
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Jefferies Lays Out The Bull/Bear Scenarios In Yahoo; Downgrades To Hold
Friday, October 21, 2016 - 9:42am | 433Jefferies’ Brian Fitzgerald estimated the value of five key assets held by Yahoo! Inc. (NASDAQ: YHOO), Yahoo Core, Cash & Market Securities, Alibaba Group Holding Ltd (NYSE: BABA) stake, Yahoo! Japan and the Excalibur Patent Portfolio. Fitzgerald downgraded the rating on Yahoo from Buy to...
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PayPal Keeps Its Bullish Investors Happy In Q3
Friday, October 21, 2016 - 9:24am | 417Jefferies believes Paypal Holdings Inc (NASDAQ: PYPL)'s third-quarter results and margin outlook have kept bullish investors happy. Aside from that, the margin outlook also eased the bear case following the partnerships between Visa Inc (NYSE: V) and Mastercard Inc (NYSE: MA). Analysts Jason...
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The Trade Desk Is A Leading Ad Tech Platform That Jefferies Recommends You Buy
Monday, October 17, 2016 - 10:31am | 284Jefferies’ Brian Fitzgerald mentioned that Trade Desk Inc (NASDAQ: TTD) is a leading ad tech platform that is benefiting from the ongoing shift to programmatic advertising. Fitzgerald initiated coverage of the company with a Buy rating and price target of $35. Growth Drivers The...
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Q3 Could Be Quite The Catalyst For PayPal
Tuesday, October 11, 2016 - 3:53pm | 439Jefferies expects third-quarter results from Paypal Holdings Inc (NASDAQ: PYPL) to provide fresh catalysts citing its deep dive into the competitive landscape. The firm believes the company enjoys the "first mover" advantage driven by investments in innovation and expects solid numbers for the...