Brian Pitz

Shares of Lyft Inc (NASDAQ: LYFT) climbed in early trading on Wednesday, after the company reported upbeat results for the fourth quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Truist Securities On Lyft Analyst Youssef Squali...

Sports betting operator DraftKings Inc (NASDAQ:DKNG) received an upgrade from Stifel analyst Jeffrey A. Stantial. The move comes amid the NFL playoffs and ahead of Super Bowl LVIII. The DraftKings Analyst: Stantial upgraded shares of the Boston-based company from Hold to Buy. He also raised the...

Shares of DraftKings Inc (NASDAQ: DKNG) have been in focus ahead of the NFL playoffs. The Boston-based company has the largest share of a market that is likely to grow strongly, according to BMO Capital Markets. The DraftKings Analyst: Brian Pitz initiated coverage of DraftKings with an Outperform...

Jefferies maintains its Buy on Zynga Inc (NASDAQ: ZNGA) after posted a solid quarter ahead of consensus, and said the company's third-quarter outlook "looks conservative" given the solid launch of "CSR Racing 2" game. Earnings And Guidance Zynga guided third-quarter bookings of $180 million–$...

Brian Pitz of Jefferies downgraded LinkedIn Corp (NYSE: LNKD) to Hold from Buy owith a price target raised to $196 from a previous $180 following the company's decision to sell itself to Microsoft Corporation (NASDAQ: MSFT) for $196 per share. According to Pitz, the acquisition enhances...

Facebook Inc (NASDAQ: FB) announced at the F8 Developer Conference that the Messenger app was now open to natural-language chatbots that were designed to handle all types of customer service queries. Jefferies’ Brian Pitz maintained a Buy rating on the company, with a price target of $145...

Analysts roundly panned LinkedIn Corp (NYSE: LNKD)'s 2016 outlook after the company lowered guidance in a fourth-quarter earnings report this week. The company also offered a surprise for investors in announcing it would merge the B2B marketing solution it purchased last year, Bizo, into an...

Activision Blizzard, Inc. (NASDAQ: ATVI) announced on Monday its wholly owned subsidiary, ABS Partners, will acquire King Digital Entertainment plc (NYSE: KING) for $18 per share. The deal represents an approximate 20 percent premium to King's closing price on Friday. Wall Street...

Amazon.com, Inc. (NASDAQ: AMZN) shares are up 7.0 percent in Friday trading after the company reported strong top-line and bottom-line beats in Q3. Amazon reported GAAP EPS of $0.17 on revenue of $25.4 billion, ahead of consensus estimates of -$0.13 and $24.9 billion, respectively. Where does...

Brian Pitz at Jefferies reacted to news that Periscope, Twitter Inc (NYSE: TWTR)'s live video streaming app, reached 10 million users after launching just four months ago. Pitz said that Periscope's management is pushing analysts to look at a daily time watched metric – which...

Amazon.com, Inc. (NASDAQ: AMZN) broke out results for its Web Services unit Thursday, with results that pleased investors. Web Services revenue grew 49 percent in the recent period to $1.57 billion, while its operating income fell 13 percent (excluding foreign exchange effects). Total Amazon...