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Analyst: Alternative Accommodation Leaders Will Surpass Top Hotel Chains Volume By 2021
Tuesday, December 18, 2018 - 3:41pm | 515The visibility of the "alternative accommodations" space has gained popularity with the rise of Airbnb and eventually forced major hospitality players to follow suit. Guggenheim says the idea is "going mainstream fast," with analyst Jake Fuller estimating the marquee alternative...
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Guggenheim Revisits Booking Holdings After Closing Hotelscombined Acquisition
Tuesday, December 11, 2018 - 4:14pm | 380Online travel agency Booking Holdings Inc (NASDAQ: BKNG) finalized and closed its acquisition of hotel metasearch site HotelsCombined, which prompted Guggenheim to revisit its thesis on the stock. The Analyst Guggenheim Partners' Jake Fuller maintains a Neutral rating on Booking Holdings with...
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Guggenheim Stays Neutral On Zillow Group After 'Strong' November
Monday, December 10, 2018 - 1:28pm | 395Zillow Group (NASDAQ: ZG)'s new business unit that partners with local brokerages and agents to buy and sell homes saw a "strong" November and is tracking inline with management's prior guidance, according to Guggenheim. The Analyst Guggenheim Partners' Jake Fuller maintains a...
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Shares Of Expedia Lower As FBR Warns Q4 U.S. Bookings Consensus May Be Too High
Tuesday, December 30, 2014 - 12:12pm | 128Shares of Expedia Inc (NASDAQ: EXPE) were trading lower by 2 percent on Tuesday following cautious comments made by Jake Fuller of FBR & Co. Expedia realized healthy trends through November, but December's tougher comp implies expectations for fourth quarter domestic growth in the high...
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UPDATE: FBR Downgrades Priceline
Tuesday, December 2, 2014 - 1:49pm | 131On Tuesday, analysts at FBR Capital downgraded shares of Priceline Group Inc (NASDAQ: PCLN) from Outperform to Market Perform and maintained the $1,225 price target. FBR analyst Jake Fuller finds that Priceline’s growth is slowing and its margins are compressing. The analysts expects...
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UPDATE: FBR & Co. Upgrades Orbitz Worldwide
Tuesday, October 14, 2014 - 3:16pm | 199FBR & Co. upgraded Orbitz Worldwide, Inc. (NYSE: OWW) from Market Perform to Outperform with a $9 price target and increased estimates in a report issued Tuesday. Analyst Jake Fuller noted signs of momentum for the 3Q 2014 outlook with refinancing boosting free cash flow. Fuller raised...
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FBR Says Macau Valuations Are 'Starting To Look Interesting'
Thursday, September 18, 2014 - 9:04am | 135In a note released September 16, FBR Capital analyst Jake Fuller explained that although it may not be time to step in just yet, Macau valuations are "starting to look interesting." Fuller suggests waiting until a "bottom" is more visible. He commented, "With...
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Orbitz Vs. American Airlines: Déjà Vu All Over Again?
Friday, August 29, 2014 - 6:57am | 284Orbitz Worldwide's (NYSE: OWW) economic spat with American Airlines Group (NASDAQ: AAL) over the airline's listing terms is in some ways a replay of events in 2011. American withdrew from Orbitz for about six months in a similar disagreement three years ago. FBR's Jake Fuller said...
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Expedia Shares Gain 4% Following Analyst Upgrade, Quarter Optimism
Tuesday, June 17, 2014 - 2:23pm | 345Shares of Expedia (NASDAQ: EXPE) are up about four percent following Susquehanna's upgrade and bullish remarks from FBR Capital Markets. Susquehanna Notes Business Improvements Susquehanna analyst Brian Nowak upgraded shares from Neutral to Positive and raised the price target from $79.00...
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FBR Capital Markets Says Accelerating Listings Growth Bodes Well for Priceline.com in 4Q
Tuesday, December 3, 2013 - 11:51am | 118In a report published Tuesday, FBR Capital Markets analyst Jake Fuller reiterated an Outperform rating and $1,300.00 price target on Priceline.com (NASDAQ: PCLN). In the report, FBR Capital Markets noted, “Our latest survey shows accelerating growth at Booking.com and that bodes well for 4Q and...
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UPDATE: FBR Capital Markets Initiates Coverage on Boyd Gaming on Mixed Factors
Wednesday, November 13, 2013 - 10:24am | 129In a report published Wednesday, FBR Capital Markets analyst Jake Fuller initiated coverage on Boyd Gaming (NYSE: BYD) with a Market Perform rating and $10.40 price target. In the report, FBR Capital Markets noted, “We are initiating coverage of Boyd Gaming Corporation (BYD) with a Market Perform...
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UPDATE: FBR Capital Markets Initiates Coverage on Penn National Gaming on Reasonable Valuation
Wednesday, November 13, 2013 - 10:23am | 169In a report published Wednesday, FBR Capital Markets analyst Jake Fuller initiated coverage on Penn National Gaming (NASDAQ: PENN) with a Market Perform rating and $14.25 price target. In the report, FBR Capital Markets noted, “We are initiating coverage of Penn National Gaming, Inc. (PENN) with a...
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UPDATE: FBR Capital Markets Initiates Coverage on Wynn Resorts on Limited Near-Term Growth Prospects
Wednesday, November 13, 2013 - 10:20am | 102In a report published Wednesday, FBR Capital Markets analyst Jake Fuller initiated coverage on Wynn Resorts Limited (NASDAQ: WYNN) with a Market Perform rating and $175.00 price target. In the report, FBR Capital Markets noted, “We are initiating coverage of Wynn Resorts, Limited (WYNN) with a...
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UPDATE: FBR Capital Markets Initiates Coverage on MGM Resorts International on Multiple Positive Factors Despite Weak 3Q Results
Wednesday, November 13, 2013 - 10:15am | 148In a report published Wednesday, FBR Capital Markets analyst Jake Fuller initiated coverage on initiated coverage on MGM Resorts International (NYSE: MGM) with an Outperform rating and $25.00 price target. In the report, FBR Capital Markets noted, “We are initiating coverage of MGM Resorts...
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UPDATE: FBR Capital Markets Initiates Coverage on Las Vegas Sands as Favorite Name in Gaming
Wednesday, November 13, 2013 - 10:14am | 138In a report published Wednesday, FBR Capital Markets analyst Jake Fuller initiated coverage on Las Vegas Sands Corp. (NYSE: LVS) with an Outperform rating and $80.00 price target. In the report, FBR Capital Markets noted, “We are initiating coverage of Las Vegas Sands Corp. (LVS) with an...