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Twitter's Dramatic Ad Revenue Deceleration Leads To RBC Downgrade
Friday, September 23, 2016 - 8:26am | 364Read More...Following the 8th RBC Ad Age Survey, RBC Capital’s Mark Mahaney believes Twitter Inc’s (NYSE: TWTR) value proposition for advertisers could be waning. Mahaney downgraded the rating on the company from Sector Perform to Underperform, while lowering the price target of $17 to $14....
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RBC Endorses LinkedIn, Sees 20% Upside
Thursday, June 9, 2016 - 8:54am | 362Read More...While LinkedIn Corp (NYSE: LNKD) shares are meaningfully off their recent lows, the stock has declined 41 percent year-to-date and is trading at a “reasonably attractive” valuation. RBC Capital’s Mark S. Mahaney upgraded the rating on the company from Sector Perform to...
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RBC Downgrades Groupon To Underperform, Cites 'Deteriorating Fundamentals'
Monday, May 2, 2016 - 9:31am | 315Read More...Groupon Inc (NASDAQ: GRPN) reported robust Q1 results, with the revenue beating the estimate and the consensus. RBC Capital’s Mark S. Mahaney downgraded the rating on the company from Sector Perform to Underperform, while lowering the price target from $4 to $3. Mahaney mentioned that the 1Q...
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RBC Upgrades Zillow After Latest Real Estate Agent Survey Points To Upside
Tuesday, March 22, 2016 - 9:07am | 283Read More...RBC Capital Markets’ Mark S. Mahaney upgraded the rating for Zillow Group, Inc.- Class A (NASDAQ: ZG) from Sector Perform to Outperform, while raising the price target from $21 to $34. The analyst noted that both the annual real estate agent survey and consumer survey had yielded positive...
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How Priceline Gets To $1,700
Thursday, February 18, 2016 - 11:31am | 290Read More...Shares of Priceline Group Inc (NASDAQ: PCLN) have appreciated 13.69 percent over the past month, rising to $1235.56 on Wednesday. RBC Capital’s Mark S. Mahaney has reiterated an Outperform rating on the company, with a price target o f $1,700. While the company reported better-than-...
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RBC Asks, 'Will Yahoo's Fundamentals Ever Base Out?'
Wednesday, February 3, 2016 - 8:58am | 391Read More...Yahoo! Inc. (NASDAQ: YHOO) shares are down 13 percent since January 4. RBC Capital Markets’ Mark S. Mahaney maintained a Sector Perform rating for the company, while reducing the price target from $42 to $33 Yahoo announced better-than-expected Q4 results, but weaker-than-expected...
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Facebook Worth $200 In Best-Case Scenario, RBC's Mahaney Says
Thursday, January 28, 2016 - 11:17am | 310Read More...Facebook Inc (NASDAQ: FB) shares are up 40 percent in the last one year, and are trading close to their 52-week high of $110.65. RBC Capital Markets’ Mark S. Mahaney maintained an Outperform rating for the company, while raising the price target from $130 to $160. Facebook’s...
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Yelp: Is More Upside Coming?
Friday, November 13, 2015 - 10:20am | 332Read More...Yelp Inc (NYSE: YELP) has seen a 13.85 percent increase in its share price over the last one month, to $27.07 on November 12. Mark S. Mahaney of RBC Capital has upgraded the rating on the company from Sector Perform to Outperform, while raising the price target from $34 to $42. Despite...
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RBC Cuts Alibaba Estimates After Hearing Management Speak
Wednesday, June 10, 2015 - 8:10am | 263Read More...In a report published Wednesday, RBC Capital analyst Mark S. Mahaney reiterated an Outperform rating on Alibaba Group Holding Ltd. (NYSE: BABA), while lowering the price target from $110 to $105. The revenue and EPS estimates have also been lowered, following the management's comments at the recent...
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RBC Analyst: Priceline Might Miss Q4 Street View
Monday, February 9, 2015 - 1:35pm | 256Read More...Priceline Group Inc (NASDAQ: PCLN) may miss Wall Street's expectations when it posts fourth-quarter results on February 19, an analyst said Monday. RBC's Mark S. Mahaney, who believes foreign exchange woes could cause the online travel company to miss the current consensus view, cut his...
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UPDATE: RBC Capital Markets Downgrades AOL on Less Attractive Risk-Reward Potential
Monday, November 25, 2013 - 12:30pm | 142Read More...In a report published Monday, RBC Capital Markets analyst Mark S. Mahaney downgraded the rating on AOL (NYSE: AOL) from Outperform to Sector Perform, but reiterated the $46.00 price target. In the report, RBC Capital Markets noted, “Shares of AOL are currently trading within 1% of our $46 Price...
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Citigroup Global Markets Says Ebay (EBAY) Faces A Very Uncertain Future
Thursday, April 1, 2010 - 11:48am | 192Read More...Citigroup Global Markets analyst Mark S. Mahaney reiterated his Hold rating for shares of eBay Inc. (Nasdaq: EBAY), with a price target of $28. Mahaney titled his report "A Tale Of Two Cities" to reflect the different outlook for the company's Paypal and eBay operations. While he said the outlook...
