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Why Goldman Sachs Says Zillow Group Has More Upside Ahead
Friday, February 5, 2021 - 11:43am | 252Zillow Group Inc (NASDAQ: ZG) is poised to meaningfully gain share in the premier agent business and benefit from improved monetization of its share of the online traffic market, according to Goldman Sachs. The Zillow Group Analyst: Heath Terry upgraded Zillow Group from Neutral to Buy and...
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3 Analysts Debate DoorDash's Stock As IPO Quiet Period Ends
Monday, January 4, 2021 - 3:13pm | 732DoorDash Inc (NYSE: DASH) evolved from its 2013 roots to become the largest third-party restaurant delivery platform in the U.S. with 390,000 merchants, 1 million couriers and 18 million customers. The company went public in late 2020 and a handful of Wall Street analysts released their first...
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Snap Rallies On New Street-High Price Target: Why Goldman Sachs Is Bullish
Tuesday, December 29, 2020 - 12:41pm | 395Shares of social media platform Snap Inc (NYSE: SNAP) are poised for further upside, according to a Goldman Sachs analyst. The Snap Analyst: Heath Terry maintained a Buy rating on Snap shares and increased the price target from $47 to $70. The Snap Thesis: A number of tech...
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Goldman Sachs Upgrades Pinterest On User Momentum, Monetization
Thursday, October 22, 2020 - 1:08pm | 304Pinterest Inc (NYSE: PINS) appears to have witnessed strong user growth through the third quarter, as reflected by app download data and the prospects for continued monetization improvement, according to Goldman Sachs. The Pinterest Analyst: Heath Terry upgraded Pinterest from Neutral to...
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Goldman Sachs Downgrades Peloton After 458% Gain, Shipping Delays
Thursday, October 22, 2020 - 10:55am | 350One notable analyst is downgrading the exercise biker maker's stock after a 458% gain. The Peloton Analyst: Goldman Sachs analyst Heath Terry downgraded Peloton Interactive (NASDAQ: PTON) from Buy to Neutral with a $140 price target. The Peloton Thesis: “We continue to...
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Peloton Rumored To Announce $3,000 Treadmill, $1,900 Bike
Sunday, September 6, 2020 - 9:40am | 279Shares of Peloton Interactive (NASDAQ: PTON) have been on an impressive run in 2020 thanks to increased demand for its interactive workout products amidst gym shutdowns from Covid-19. What Happened: Bloomberg reports Peloton will announce a new Treadmill that will retail for less than $3,000. This...
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Goldman Sachs Raises Peloton's Price Target Citing Unappreciated Gains
Thursday, August 27, 2020 - 1:55pm | 299Goldman Sachs has raised its price target on shares of Peloton Interactive (NASDAQ: PTON) citing “an acceleration and steepening of the adoption curve.” The Peloton Analyst: Heath Terry maintained a Buy on Peloton and raised the price target from $84 to $96. The Peloton Takeaways: Terry...
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Pretty Chill: Netflix Stock Hits All-Time High As Subscribers Hit Multi-Year High
Friday, July 10, 2020 - 11:25am | 359Streaming video giant Netflix Inc (NASDAQ: NFLX) is expected to report second-quarter results "well above" guidance amid record app downloads, according to Goldman Sachs. The Netflix Analyst: Heath Terry maintains a Buy (Conviction List) rating on Netflix's stock with a price target...
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Netflix Analyst Braces For Big Q1 Beat As Pandemic Accelerates Migration To Streaming Services
Monday, April 20, 2020 - 7:20am | 409Netflix Inc (NASDAQ: NFLX) is scheduled to report fiscal-year 2020 first-quarter results Tuesday after the close. An analyst at Goldman Sachs is upbeat concerning the quarterly performance. The Netflix Analyst In a note out April 16, Heath Terry reiterated a Buy rating on Netflix and hiked the...
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What Doesn't Kill Twitter During This Coronavirus Crisis Just Makes It Stronger, Goldman Says
Friday, April 3, 2020 - 12:26pm | 408Twitter Inc (NYSE: TWTR) peaked in 2014 and has since traded around half that rate. But tides could be turning for the struggling social media stock. The Twitter Analyst Goldman Sachs analyst Heath Terry upgraded Twitter to a Buy rating but cut his price target from $39 to $35. The Twitter Thesis...
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Zillow Soars 20% But Are Analysts Just As Bullish?
Thursday, February 20, 2020 - 4:30pm | 776Online real estate platform Zillow Group Inc (NASDAQ: ZG) reported fourth-quarter results, highlighted by a revenue beat and a much better than expected loss. Here is a summary of how some of the Street's top analysts reacted to the print. The Zillow Analysts Goldman Sachs analyst Heath...
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Lyft's Q4 Highlighted By Stronger Rider, Revenue Growth; Investors Still Skeptical
Wednesday, February 12, 2020 - 2:16pm | 630Shares of Lyft, Inc. (NASDAQ: LYFT) continued to drop on Wednesday after a fourth-quarter earnings report that seems to have disappointed investors, but sell-side analysts continued to recommend the stock on strong revenue growth, and even upped price expectations for shares of the ride-hailing...
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What 2 Analysts Liked About Netflix's Market-By-Market Breakdown
Thursday, December 19, 2019 - 11:22am | 664Netflix Inc (NASDAQ: NFLX) released a cache of data on global operations earlier this week. The report, which captures performance metrics from 2017 through 2019, was generally celebrated. The Ratings Goldman Sachs analyst Heath Terry maintained a Buy rating on Netflix with a $400 price target....
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Lyft Scores Upgrade, Analyst Praise After Strong Q3
Thursday, October 31, 2019 - 12:28pm | 1003LYFT Inc (NASDAQ: LYFT) reported a significant third-quarter sales beat Wednesday that was driven by 28% growth in active riders and 27% growth in revenue per active rider. Contribution margins improved by 500 basis points, and earnings before interest, tax, depreciation and amortization were...
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Goldman Sachs Upgrades Snap On Positive User Trends
Friday, July 12, 2019 - 12:39pm | 270Snap Inc (NASDAQ: SNAP) has received an upgrade after better-than-expected user growth. The Analyst Goldman Sachs analyst Heath Terry upgraded Snap from Neutral to Buy and raised the price target from $13 to $18. The Thesis The upgrade comes as Goldman Sachs sees product improvements and...