-
Piper's Domestic Subscriber Survey Shows Netflix Has Pricing Power
Tuesday, July 12, 2016 - 10:35am | 378Read More...Piper Jaffray’s domestic subscriber survey suggests the “un-grandfathering” process will have minimal impact on Netflix, Inc. (NASDAQ: NFLX)'s U.S. subscribers. Michael J. Olson maintained an Overweight rating on the company, with a price target of $122. What The Survey Showed...
-
Historically, Priceline's Guidance Doesn't Align With Reality
Tuesday, June 21, 2016 - 9:59am | 255Read More...The recent CEO shift seems to have resulted in an “overly conservative” guidance for bookings and operating margins by Priceline Group Inc (NASDAQ: PCLN), Piper Jaffray’s Michael J. Olson said in a report. He reiterated an Overweight rating for the company, with a price target...
-
GameStop Clearly Impacted By Increased Digital Software Sales, Says Piper Jaffray
Friday, May 27, 2016 - 3:56pm | 299Read More...Shares of GameStop Corp. (NYSE: GME) were trading down roughly 3.7 percent on Friday afternoon following the announcement of the company’s first-quarter financial results and second-quarter guidance. EPS of $0.66 beat estimates by $0.05, while revenue of $1.97 was in line with expectations;...
-
Piper Jaffray Upgrades Expedia To Overweight, Raises Target To $140
Thursday, March 10, 2016 - 10:08am | 293Read More...Piper Jaffray’s Michael J. Olson upgraded the rating on Expedia Inc (NASDAQ: EXPE) from Neutral to Overweight, while raising the price target from $130 to $140. EBITDA Upside The company’s acquisition of HomeAway, although not free of risk, is expected to drive EBITDA upside...
-
Redbox Rentals Crash; Piper Jaffray Ditches Overweight Rating On Outerwall
Friday, February 5, 2016 - 11:06am | 319Read More...The share price of Outerwall Inc (NASDAQ: OUTR) has declined 53 percent over the past six months, hitting a low of $30.21 on January 15. Piper Jaffray’s Michael J. Olson has downgraded the rating on the company from Overweight to Neutral, while lowering the price target from $57 to $32...
-
Piper Jaffray Upgrades Netflix; Sees Entry Point Amid Domestic Slowdown, Competition Concerns
Tuesday, February 2, 2016 - 10:05am | 345Read More...The share price of Netflix, Inc. (NASDAQ: NFLX) has appreciated 49.09 percent over the past year, reaching a high of $130.93 on December 4. Piper Jaffray’s Michael J. Olson has upgraded the rating on the company from Neutral to Overweight, with a price target of $122. Following the...
-
TripAdvisor Is Piper Jaffray's Top Pick For '16
Thursday, December 10, 2015 - 10:12am | 269Read More...Tripadvisor Inc (NASDAQ: TRIP) shares are up 10 percent year-to-date, despite having plunged from above $93 on July 23 to below $63 on September 28. Piper Jaffray’s Michael J. Olson maintained an Overweight rating on the company, while raising its price target from $90 to $120....
-
This Is A Major Long-Term Tailwind For TripAdvisor
Tuesday, November 3, 2015 - 9:51am | 363Read More...The share price of Tripadvisor Inc (NASDAQ: TRIP) has appreciated 25.32 percent over the past month, from a low of $66.315 on October 7. Piper Jaffray’s Michael J. Olson has reiterated an Overweight rating and price target of $90 on the company. Olson believes that the stock is an...
-
1 Positive Catalyst Coming For HomeAway Investors
Wednesday, October 21, 2015 - 2:25pm | 310Read More...HomeAway, Inc (NASDAQ: AWAY) shares have been volatile in 2015 and are down 7 percent in the last six months. Piper Jaffray’s Michael J. Olson maintained an Overweight rating on the company, with a price target of $39. HomeAway’s efforts to boost monetization may act as a...
-
Why 'FIFA 16' Is Good For EA Investors
Thursday, September 24, 2015 - 8:35am | 312Read More...Shares of Electronic Arts Inc. (NASDAQ: EA) have risen by 46.6 percent year-to-date. Piper Jaffray’s Michael J. Olson has reiterated an Overweight rating, while raising the price target from $85 to $86. The company launched "FIFA 16" on September 22, and the early “...
-
Is Expedia Still A Buy? Wall Street Analysts Weigh In
Saturday, August 1, 2015 - 9:50am | 608Read More...Shares of Expedia Inc (NASDAQ: EXPE) were up about 10 percent on Friday after the company announced its second-quarter financial results. Earnings came in at $0.89 per share, ahead of the Street’s consensus of $0.85 per share, on revenue of $1.654 billion, versus expectations for $1.661...
-
What To Expect From Activision Blizzard, EA Earnings
Thursday, July 23, 2015 - 3:20pm | 494Read More...Over the next couple of weeks, Activision Blizzard, Inc. (NASDAQ: ATVI) and Electronic Arts Inc. (NASDAQ: EA) will report quarterly results. Ahead of the events, Piper Jaffray analysts Michael J. Olson and Yung Kim previewed the figures and anticipate in-line quarters for both companies....
-
What The Street Has Said About GameStop
Thursday, May 28, 2015 - 3:11pm | 540Read More...GameStop Corp. (NYSE: GME) reports Q1 results following the market close Thursday. The company has guided EPS at $0.57 on revenue of $1.986 billion. The Estimize consensus expected EPS of $0.58 on revenue of $2.039 billion, in line with the Wall Street consensus of EPS at $0.58 on revenue of $2...
-
Piper Jaffray Reaffirms Love For Video Game Industry As Software Sales Rise 7%
Friday, March 13, 2015 - 12:04pm | 613Read More...Piper Jaffray analysts Michael J. Olson and Yung Kim believe that GameStop Corp. (NYSE: GME) is "well positioned to benefit from a renewed growth period within the console video game industry," driven by the combined sales of PlayStation 4 (20.2 million units) and Xbox One (somewhere in...
-
Piper Jaffray Sees Potential Upside In 2015 For Akamai Technologies
Monday, October 13, 2014 - 9:04am | 177Read More...In a report published Monday, Piper Jaffray analyst Michael J. Olson reiterated an Overweight rating and $67.00 price target on Akamai Technologies (NASDAQ: AKAM). In the report, Piper Jaffray noted, “Last week we spoke with five Akamai customers in an effort to better understand pricing, the...
