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4 Ways AOL Rewards Shareholders This Year (Or Doesn't)
Thursday, February 12, 2015 - 10:53am | 244On Wednesday, Jefferies issued a company note on AOL, Inc. (NYSE: AOL) after the company posted fourth quarter revenue of $710 million, which fell short of analyst estimates of $721 million, and earnings per share of $0.92 which beat estimates of $0.72. Currently Jefferies rates AOL as a Buy...
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Jefferies Raises Electronic Arts Price Target, 'Star Wars' Key Title For Fiscal 2016
Wednesday, January 28, 2015 - 11:44am | 189Brian Pitz of Jefferies on Wednesday commented that Electronic Arts Inc. (NYSE: EA) reported “solid” fourth quarter results on Tuesday, but remains cautious on the March release of "Battlefield Hardline." Electronic Arts management sounded bullish on March's release of...
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Activision Blizzard Analyst Roundup
Wednesday, November 5, 2014 - 3:49pm | 250Activision Blizzard, Inc. (NASDAQ: ATVI) will face difficult revenue comparisons next year because of the currently strong performance of its "Destiny" video game product, an analyst said Wednesday. Activision beat third-quarter expectations Tuesday, citing its newly launched "...
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Credit Suisse, Raymond James Find Some Positives Following RetailMeNot's Earnings
Tuesday, August 5, 2014 - 1:12pm | 643As shares of RetailMeNot (NASDAQ: SALE) have dropped more than 27 percent on Tuesday and traded at new 52-week lows of $18.42. Analysts at Jefferies and Credit Suisse find reasons that a turnaround is possible. Jefferies: Negativity Now Fully Priced In Brian Pitz of Jefferies maintained a...
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Analysts Debate: Is Amazon The 'Prophet Of No Profit'?
Friday, July 25, 2014 - 11:51am | 438Another quarterly report for Amazon (NASDAQ: AMZN), another sell-off. Shares were off more than 10 percent Friday after the company posted a net loss wider than expectations. Similar sell-offs accompanied reports in April and January, when Slate.com dubbed Amazon CEO Jeff Bezos "The...
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Google's Outlook Enchants Analysts; Q2 Rev Up 22%, Ad Prices Down 6%
Friday, July 18, 2014 - 4:17pm | 362Google (NASDAQ: GOOGL) gained more than 4 percent Friday after reporting a 22 percent increase in second-quarter revenue. The company missed earnings expectations but analysts were broadly impressed by its second-quarter performance and outlook. Deutsche Bank analyst Ross Sandler called...
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UPDATE: Jefferies Initiates Coverage Of TechTarget
Tuesday, July 1, 2014 - 8:48am | 148In a note released early Tuesday morning, Jefferies analyst Brian Pitz initiated coverage on TechTarget (NASDAQ: TTGT) with a Buy rating and set a $12 price target. "We think Tech Target has reached an inflection point where growth will be reignited by a hit new product (IT Deal Alert) and...
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UPDATE: Jefferies Initiates Coverage on Chegg on Emerging Platform in Educational Badlands
Monday, December 9, 2013 - 11:22am | 99In a report published Monday, Jefferies analyst Brian Pitz initiated coverage on Chegg (NYSE: CHGG) with a Buy rating and $14.00 price target. In the report, Jefferies noted, “We initiate with a Buy and $14 PT. With a focus on saving students time, money and helping them to get smarter, we believe...
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UPDATE: Jefferies Initiates Coverage on Criteo SA on Best Play on Rapid Growth in Programmatic Ad Buying
Monday, November 25, 2013 - 10:23am | 114In a report published Monday, Jefferies analyst Brian Pitz initiated coverage on Criteo SA (NASDAQ: CRTO) with a Buy rating and $44.00 price target. In the report, Jefferies noted, “We initiate coverage with a Buy and $44 PT. We think CRTO looks best positioned to benefit from strong secular...
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UPDATE: Jefferies Downgrades Tremor Video Following 3Q13 Results Below Guidance
Friday, November 8, 2013 - 9:41am | 95In a report published Friday, Jefferies analyst Brian Pitz downgraded the rating on Tremor Video (NYSE: TRMR) from Buy to Hold, and lowered the price target from $13.00 to $8.00. In the report, Jefferies noted, “Tremor Video reported 3Q13 results below its guidance. Importantly, the company pulled...
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Jefferies Initiated Coverage on SFX
Monday, November 4, 2013 - 11:05am | 204In a report published Monday, Jefferies analyst Brian Pitz initiated coverage on SFX Entertainment (NASDAQ: SFXE) with a Buy rating and a $16 price target. Pitz noted that Chairman and CEO Bob Sillerman is joined by a talented and experiences management team, giving confidence to the...
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UPDATE: Jefferies Downgrades Active Network Following Announcement of Acquisition by Vista Equity Partners
Tuesday, October 1, 2013 - 10:29am | 101In a report published Tuesday, Jefferies analyst Brian Pitz downgraded the rating on Active Network (NYSE: ACTV) from Buy to Hold, but raised the price target from $10.00 to $14.50. In the report, Jefferies noted, “Two months after management disclosed publicly that the Co's BOD is evaluating...
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UPDATE: Jefferies Raises PT on Facebook Following Raised Estimates on Promising New Ad Products
Thursday, September 26, 2013 - 10:24am | 99In a report published Thursday, Jefferies analyst Brian Pitz reiterated a Buy rating on Facebook (NASDAQ: FB), and raised the price target from $37.00 to $60.00. In the report, Jefferies noted, “We are increasing our ests on promising new ad products, namely Video Ads, Instagram, and Facebook...
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UPDATE: Jefferies Initiates RetailMeNot at Buy on Best Market Position
Tuesday, August 13, 2013 - 9:17am | 101In a report published Tuesday, Jefferies analyst Brian Pitz initiated coverage on RetailMeNot (NASDAQ: SALE) with a Buy rating and $40.00 price target. In the report, Jefferies noted, “We are initiating coverage with a Buy rating and $40 PT. We believe that the company is one of the best...
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UPDATE: Jefferies Raises PT on Groupon Following Strong Beat, Weak Guidance
Thursday, August 8, 2013 - 10:55am | 112In a report published Thursday, Jefferies analyst Brian Pitz reiterated a Hold rating on Groupon (NASDAQ: GRPN), and raised the price target from $6.00 to $8.50. In the report, Jefferies noted, “Groupon beat Street ests again on strong growth in NA and improving trends in EMEA offsetting...