-
What The Purchase Of Qoo10's Japan Assets Does For eBay
Wednesday, February 28, 2018 - 4:30pm | 288eBay Inc (NASDAQ: EBAY) announced Tuesday a deal to buy Giosis' Japanese business, including the Qoo10.jp platform. The Analyst Credit Suisse analyst Paul Bieber maintained his Outperform rating and $51 price target for eBay, his favorite large-cap idea. The Thesis The deal expands eBay...
-
Booking Holdings's Q4 Alleviates Structural Concerns About Online Travel, Analyst Says
Wednesday, February 28, 2018 - 3:13pm | 402Booking Holdings Inc. (NASDAQ: BKNG), formerly Priceline, is back on track with a fourth-quarter earnings beat. The Analyst Credit Suisse's Paul Bieber maintains an Outperform rating on Booking Holdings and raised the price target from $2,260 to $2,300. The Thesis Booking Holdings turned in...
-
Credit Suisse Boosts Wayfair's Price Target After Sell-Off
Friday, February 23, 2018 - 1:17pm | 340Wayfair Inc (NYSE: W)'s earnings report Thursday sent shares plunging, but at least one Wall Street analyst found the print convincing enough to warrant an increase in the stock's price target. The Analyst Credit Suisse's Paul Bieber maintains a Neutral rating on Wayfair's stock...
-
Credit Suisse Has Had Its Fill Of Grubhub Shares, Downgrades To Neutral
Monday, September 11, 2017 - 10:28am | 432After a nearly 50-percent return since the start of 2017, now may be a right time for investors to start pocketing some of their profits in GrubHub Inc (NYSE: GRUB), at least according to analysts at Credit Suisse. The firm's Paul Bieber downgrades GrubHub's stock rating from Outperform to...
-
Here's What's Feeding The Street's Appetite For GrubHub
Friday, August 4, 2017 - 2:42pm | 338GrubHub Inc (NYSE: GRUB) reported its second-quarter earnings on Thursday. EPS was in-line with the Street’s estimates and sales came in slightly ahead, but gross margins were a disappointment to many investors. The stock jumped on Friday, trading up over 9 percent to over the $53 level....
-
The Positives And Negatives From Yelp's Q2
Friday, August 4, 2017 - 1:59pm | 478Yelp Inc (NYSE: YELP) investors certainly liked what they saw from the company’s Q2 earnings report on Friday, sending shares higher by more than 27 percent. Yelp announced the sale of its Eat24 business to GrubHub Inc (NYSE: GRUB) for $287.5 million and reported an otherwise strong...
-
EBay Is A Rare Value Story With Several Paths To Value Creation
Tuesday, July 11, 2017 - 8:41am | 395Analysts at Credit Suisse have high expectations for eBay Inc (NASDAQ: EBAY) heading into the company's second-quarter earnings report on July 20. The firm's Paul Bieber maintains an Outperform rating on eBay's stock with an unchanged $44 price target, saying the company is a "rare value story"...
-
4 Reasons Not To Book Room For TripAdvisor Shares In Your Portfolio
Monday, June 19, 2017 - 12:10pm | 370Shares of Tripadvisor Inc (NASDAQ: TRIP) lost more than 3 percent Monday morning and hit a new 52-week low of $36.75, before proceeding even lower, after analysts at Credit Suisse explained in a downgrade note why the stock still has "room to trip" lower. Credit Suisse's Paul Bieber downgraded...
-
3 Reasons The Street Faded Credit Suisse's Bullish Call On eBay
Monday, June 12, 2017 - 2:16pm | 551A rating upgrade by Credit Suisse, though producing early excitement in the eBay Inc (NASDAQ: EBAY) corner last Monday, is unlikely to generate sustained buying in the stock. Credit Suisse Upbeat On eBay Credit Suisse in a note released last Monday upgraded shares of eBay to Outperform from...
-
Several Reasons eBay Just Won An Outperform Rating From Credit Suisse
Monday, June 5, 2017 - 11:19am | 382Seeing several different paths to value creation, Credit Suisse research analysts Paul Bieber and Vikram Kesavabhotla have upgraded eBay Inc. (NASDAQ: EBAY) to Outperform and set a $44 price target. The research report noted that while eBay is still a turnaround story, the company has a very stable...
-
Credit Suisse Sees 18% Upside Possible For Priceline
Tuesday, February 28, 2017 - 4:42pm | 324Paul Bieber of Credit Suisse maintains his Outperform rating on Priceline Group Inc (NASDAQ: PCLN) and sees 18 percent potential upside in shares, which set a new 52-week high after the travel service company reported solid quarterly results on strong bookings. Bieber raised his target price on the...
-
Grubhub Is Credit Suisse's Favorite 'Trump Trade'
Wednesday, January 11, 2017 - 12:58pm | 281Paul Bieber of Credit Suisse named GrubHub Inc (NYSE: GRUB), the leading online food delivery company, as his "favorite Trump trade" — that is, a top investment idea likely to benefit from President-elect Donald Trump's presidency. Bieber also initiated coverage of Grubhub with an Outperform...
-
Credit Suisse: Groupon's Marketing Spend A 2017 Catalyst
Wednesday, January 11, 2017 - 11:41am | 304Groupon Inc (NASDAQ: GRPN) reported a sequential decline in North America gross profit growth. The company’s turnaround would likely be “gradual in nature,” Credit Suisse’s Paul Bieber said in a report. He assumed coverage of Groupon with a Neutral rating and a price target...
-
Credit Suisse Notes Yelp's Salesforce Growth Into First-Half Results
Wednesday, January 11, 2017 - 11:06am | 344“We are positive on Yelp Inc (NYSE: YELP)'s leadership position as a leading destination for reviews/info on local businesses and like the recent trajectory of accelerating local ad rev. growth, upward est. revisions, and improving incremental EBITDA margins,” Credit Suisse’s Paul...
-
2 Analysts Abandoning Groupon… And 1 Still Buying
Wednesday, November 4, 2015 - 11:25am | 1005Shares of Groupon Inc (NASDAQ: GRPN) were trading lower by more than 30 percent shortly after Wednesday's opening bell. Investors and traders fled the stock after the company announced a poor sales outlook. Wall Street's reaction wasn't all doom and gloom as analysts at Brean...