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Oppenheimer: HomeAway Is Worth $37 Per Share, Will Outperform
Thursday, March 26, 2015 - 10:38am | 385Read More...Oppenheimer initiated coverage on HomeAway, Inc. (NASDAQ: AWAY) Wednesday with an Outperform rating and $37 price target. Analyst Manish Hemrajani felt the company was "well positioned to benefit from a strong travel macro and a secular online shift in travel." Hemrajani noted that...
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UPDATE: Oppenheimer Initiates Coverage On HomeAway On Multiple Positive Factors
Thursday, March 26, 2015 - 7:31am | 168Read More...In a report published Thursday, Oppenheimer analyst Manish Hemrajani initiated coverage on HomeAway, Inc. (NASDAQ: AWAY) with an Outperform rating and $37.00 price target. In the report, Oppenheimer noted, "As part of our expansion of Internet travel coverage, we initiate coverage of HomeAway Inc...
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Oppenheimer Explains Implications For Priceline Following Expedia's Report
Friday, February 6, 2015 - 1:41pm | 252Read More...Expedia Inc. (NASDAQ: EXPE) reported lower-than-expected fourth-quarter results on Thursday after market close. These were driven mainly by continued losses from eLong and FX. In a report published Friday, Oppenheimer analyst Manish Hemrajani says Expedia's results suggest (to them, at...
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Oppenheimer Asks: Is Expedia Planning To Acquire Travelocity?
Friday, January 16, 2015 - 11:38am | 255Read More...Manish Hemrajani of Oppenheimer on Friday explored the possibility of Expedia Inc (NASDAQ: EXPE) acquiring Travelocity. Hemrajani notes that on Thursday the FTC posted on its website that it has granted an Early Termination notice to Sabre Corp (NASDAQ: SABR) and Expedia on their Hart Scott...
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Oppenheimer Comments On Priceline's Last-Minute Booking App
Friday, January 16, 2015 - 11:15am | 175Read More...Priceline Group Inc (NASDAQ: PCLN) on Thursday launched a new app called Booking Now, which is the first truly global app for spontaneous bookings. Manish Hemrajani of Oppenheimer commented on Friday in a note that the new app lends itself to the evolving trends in booking, consumer and...
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UPDATE: Oppenheimer Lowers Price Target On Priceline Group On Possible Euro Parity
Wednesday, January 14, 2015 - 10:42am | 166Read More...In a report published Wednesday, Oppenheimer analyst Manish Hemrajani reiterated an Outperform rating on Priceline Group Inc (NASDAQ: PCLN), but lowered the price target from $1,350.00 to $1,300.00. In the report, Oppenheimer noted, “Six months ago we would have been laughed out of the room if we...
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Oppenheimer: Expedia's Results Bode Well For Priceline Group
Friday, October 31, 2014 - 11:10am | 189Read More...Expedia Inc (NASDAQ: EXPE) reported "robust" third quarter results on Thursday, according to Manish Hemrajani of Oppenheimer. The analyst took the opportunity of analyzing Expedia's results and its implications on Priceline Group Inc (NASDAQ: PCLN). Expedia's management...
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Orbitz Vs. American Airlines: Déjà Vu All Over Again?
Friday, August 29, 2014 - 6:57am | 284Read More...Orbitz 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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UPDATE: Oppenheimer Initiates Coverage On Orbitz
Tuesday, July 1, 2014 - 4:32pm | 119Read More...In a report released Tuesday, Oppenheimer analyst Manish Hemrajani initiated coverage on Orbitz Worldwide (NYSE: OWW) with a Market Perform rating. Analysts at Oppenheimer prefer Priceline and Expedia due to more opportunity with larger balance sheets, but are confident on Orbitz's ongoing...
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UPDATE: Oppenheimer Initiates Coverage On Expedia
Tuesday, July 1, 2014 - 4:27pm | 125Read More...In a report released Tuesday, Oppenheimer analyst Manish Hemrajani initiated coverage on Expedia (NASDAQ: EXPE) with an Outperform rating and $90.00 price target. Analyst at Oppenheimer lists six main reasons why Expedia will continue to grow: Expedia benefits from secular growth bringing...
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UPDATE: Oppenheimer Initiates Coverage On Priceline
Tuesday, July 1, 2014 - 4:24pm | 138Read More...In a report released Tuesday, Oppenheimer analyst Manish Hemrajani initiated coverage on Priceline Group (NASDAQ: PCLN) with an Outperform rating and $1,450 price target. Hemrajani states Priceline is the leading company in its sector in growth and revenue, being the world's largest travel...
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UPDATE: Oppenheimer Downgrades ExlService on Slashed Estimates as Biggest Customer Terminates Contract
Tuesday, November 5, 2013 - 11:55am | 163Read More...In a report published Tuesday, Oppenheimer analyst Manish Hemrajani downgraded the rating on ExlService (NASDAQ: EXLS) from Outperform to Perform, and removed the $34.00 price target. In the report, Oppenheimer noted, “In an 8K filing late yesterday (11/4), EXLS announced the termination of...
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Oppenheimer Sees $28.5 Billion Security Market (CHKP) (SYMC) (MFE)
Monday, May 17, 2010 - 3:16pm | 187Read More...Oppenheimer & Co. analysts Shaul Eyal, Manish Hemrajani and Hugh Cunningham wrote a white paper on IT security spending. The analysts said that companies like Check Point Software Technologies Ltd. (Nasdaq: CHKP), Symantec Corporation (Nasdaq: SYMC) and McAfee, Inc. (NYSE: MFE) should benefit...
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Oppenheimer Removes Sybase (SY) Outperform Rating
Monday, May 17, 2010 - 12:00pm | 207Read More...Oppenheimer & Co. analysts Shaul Eyal, Manish Hemrajani and Hugh Cunningham removed their $48 per share price target and Outperform rating for shares of Sybase, Inc. (NYSE: SY) after an announcement was made that SAP AG (NYSE: SAP) would acquire Sybase, Inc. for $65 per share in cash because...
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Oppenheimer Rates NICE-Systems (NICE) An Outperform
Monday, May 17, 2010 - 11:45am | 167Read More...Oppenheimer & Co. analysts Shaul Eyal, Manish Hemrajani and Hugh Cunningham reiterated their Outperform rating for shares of NICE-Systems Ltd. (Nasdaq: NICE), with a price target of $38 per share. The analysts noted that NICE-Systems Ltd. recently beat consensus estimates for the 1st quarter of...
