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Pivotal Upgrades Twitter, Turns Bullish On Snap
Friday, October 12, 2018 - 9:33am | 353Social media companies Twitter Inc. (NYSE: TWTR) and Snap Inc. (NYSE: SNAP) have both experienced significant stock declines of late, and both were upgraded Friday by Pivotal Research Group. The Analyst Analyst Brian Wieser upgraded Twitter from Sell to Hold and lowered the price target...
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Discovery Communications' 20% Gain Difficult To Justify, Pivotal Says In Downgrade
Tuesday, September 18, 2018 - 2:25pm | 410Discovery Communications Inc. (NASDAQ: DISCA) shares have gained 20 percent over the past month, a move that's difficult to justify, according to Pivotal Research Group. The Analyst Pivotal's Brian Wieser downgraded Discovery Communications from Hold to Sell with an...
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Pivotal: Snap No Longer A Sell, But Stock Could Still Fall
Thursday, September 13, 2018 - 9:03am | 417Shares of social media company Snap Inc (NYSE: SNAP) briefly fell below $9 per share Wednesday and are now trading at a more balanced risk-reward profile for the longer-term, according to Pivotal Research Group. The Analyst Pivotal's Brian Wieser upgraded Snap from Sell to Hold...
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Pivotal's Brian Wieser Sees More Trouble Ahead For Facebook
Friday, August 17, 2018 - 1:52pm | 386It’s been a difficult year for Facebook, Inc. (NASDAQ: FB) investors, and one analyst says two recent developments suggest Facebook isn’t nearly out of the woods just yet. The Analyst Pivotal Research Group analyst Brian Wieser reiterated his Sell rating and $140 price target for...
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After 30% Gain, Pivotal Says The Time To Buy Discovery Communications Has Passed
Monday, June 18, 2018 - 10:46am | 382Pivotal Research Group upgraded Discovery Communications Inc. (NASDAQ: DISCA) in early June to a bullish stance, and investors who bought at the time were rewarded with a 30-percent return in two short weeks. The Analyst Analyst Brian Wieser downgraded Discovery Communications from Buy to Hold...
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Pivotal's Wieser To Disney Shareholders: Let It Go
Monday, June 18, 2018 - 8:51am | 400Walt Disney Co (NYSE: DIS) is stuck in a catch-22 situation where the proposed acquisition of Twenty-First Century Fox Inc (NASDAQ: FOXA) will reduce the value of Disney to shareholders, but failing to complete the transaction is a negative for the company, according to Pivotal Research...
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Wall Street Reacts After Adobe Posts Q2 Earnings Beat
Friday, June 15, 2018 - 10:34am | 912Adobe Systems Incorporated (NASDAQ: ADBE)'s fiscal second-quarter print came in better than expected Thursday afternoon. Here's how the sell side reacted. The Analysts Pivotal Research Group's Brian Wieser maintained Adobe at Hold with a price target lifted from $...
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Pivotal Research Likes Discovery Communications Despite Legitimate Investor Concerns
Monday, June 4, 2018 - 4:54pm | 418The case for buying Discovery Communications Inc. (NASDAQ: DISCA) stock is simple: despite "legitimate concerns," the upside potential is "too significant to ignore," according to Pivotal Research Group. The Analyst Analyst Brian Wieser upgraded Discovery...
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Pivotal Research: For Nielsen Holdings, The Reality Is Better Than The Perception
Monday, June 4, 2018 - 3:53pm | 331Nielsen Holdings PLC (NYSE: NLSN) stock is being unfairly punished by investors despite fundamentals that remained largely unchanged over the past year, according to Pivotal Research Group. The Analyst Analyst Brian Wieser upgraded shares of Nielsen from Hold to Buy and maintained a $35...
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Pivotal Downgrades WPP As Downside Risks Move To The Forefront
Monday, June 4, 2018 - 2:56pm | 381The recent rally in shares of WPP PLC (ADR) (NYSE: WPP) has made an analyst at Pivotal Research uncomfortable, prompting a downgrade. The Analyst Analyst Brian Wieser downgraded shares of WPP from Buy to Hold and lowered the pence-denominated price target for the London-listed shares from 1,...
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The Facebook Data Controversy: What Wall Street Thinks
Wednesday, March 21, 2018 - 2:23pm | 736Facebook Inc (NASDAQ: FB) stock is down more than 9 percent in three days following reports that data from more than 50 million users was improperly shared during the 2016 campaign season. CEO Mark Zuckerberg said in a post, "The good news is that the most important actions to prevent this...
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Twitter's Upside Following Earnings 'Unwarranted,' Pivotal Downgrades To Sell
Thursday, February 8, 2018 - 1:38pm | 425Twitter Inc (NYSE: TWTR) reported fourth quarter results in which the company earned a profit for the first time ever. Not all are pleased. The Analyst Pivotal Research Group's Brian Wieser downgraded Twitter's stock from Hold to Sell with an unchanged $21 price target. The Thesis...
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Facebook Wants To Make Your News Feed More Friendly: Here's What That Means For Everybody
Saturday, January 13, 2018 - 11:56am | 912Who can complain about troll disempowerment, more meaningful social interactions, and time better spent? Wall Street can. Facebook Inc (NASDAQ: FB)’s upcoming News Feed updates inspired a 5.6-percent pullback in the stock and forfeited analyst confidence. What The Changes Mean The new...
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Pivotal Breaks Down The Disney-Fox Bid
Wednesday, December 13, 2017 - 3:37pm | 377Walt Disney Co (NYSE: DIS) is reportedly close to confirming an agreement to acquire some or all of Twenty-First Century Fox Inc (NASDAQ: FOXA)'s media and entertainment assets. The Analyst Pivotal Research Group's Brian Wieser maintains a Buy rating and unchanged $35 price target on...
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Live Sports Could Be The Next Boon For Big Tech
Tuesday, October 17, 2017 - 10:45am | 623Live sports has been one of the few remaining strongholds that traditional television has held onto, but falling NFL ratings indicate sports fans may finally be cutting their cords as well. Sports contents won’t come cheap for Facebook Inc (NASDAQ: FB), Amazon.com, Inc. (NASDAQ: AMZN) and...