-
What This Analyst Thinks About Netflix's Potential Gaming Expansion
Thursday, July 15, 2021 - 11:34am | 345Netflix Inc (NASDAQ: NFLX) may soon be entering the video gaming market after hiring former Electronic Arts Inc (NASDAQ: EA) and Facebook Inc (NASDAQ: FB) executive Mike Verdu as vice president of game development. Although streaming video use has surged over the last year...
-
Why This Analyst Says AMC Entertainment Stock Is 'Dramatically Overvalued'
Wednesday, March 10, 2021 - 3:40pm | 473AMC Entertainment Holdings, Inc. (NYSE: AMC) shares have seen wild swings in a Reddit-driven rally, and the meme stock could be in for a big correction, according to an analyst at LightShed Partners. This stands in contrast to the take of Wedbush analyst Michael Pachter, who recently doubled that...
-
Disney's Streaming Platform Goes Live: What The Pros Are Saying
Tuesday, November 12, 2019 - 2:37pm | 635Entertainment and media giant Walt Disney Co (NYSE: DIS) launched its highly anticipated streaming video product Tuesday, Disney+. Here's what the experts are saying. Nathanson Sees Bet On Nostalgia Disney+ should see "a lot of momentum" in its early days by targeting not only...
-
Analyst Optimism Pushes Snap Shares Higher
Thursday, March 14, 2019 - 9:07am | 453For the first time since initiating coverage of Snap Inc (NYSE: SNAP)'s stock in 2017, BTIG is comfortable with a bullish stance despite multiple missteps over the past few years. The Analysts BTIG's Richard Greenfield upgraded Snap from Neutral to Buy with a new $15 price target. Jefferies...
-
BTIG Projects Rising Twitter User Numbers, Strong EBITDA
Wednesday, February 13, 2019 - 11:18am | 352Twitter Inc (NYSE: TWTR) reported top- and bottom-line fourth-quarter beats last week to close out the 2018 fiscal year. Between that and a 10-percent increase in monetizable daily active users, or mDAUs, the social media platform has analyst hearts aflutter. The Analyst BTIG analyst...
-
BTIG Raises Facebook Price Target By More Than 50%, Says Instagram Becoming 'Most Powerful, Valuable Mall In The World'
Thursday, July 5, 2018 - 9:20am | 403The case for upside in Facebook, Inc. (NASDAQ: FB)'s stock lies partially with consumers not caring about the platform's privacy scandal — and Instagram, which has performed like an "absolute monster," according to BTIG. The Analyst Analyst Richard Greenfield maintained...
-
So What's The Difference Between YouTube And Facebook's New 'Watch'?
Tuesday, August 15, 2017 - 9:21am | 739Innovation is the only constant in the constantly evolving tech world, and companies risk their very existence and survival if they remain stagnant and don't innovate. Facebook Inc (NASDAQ: FB) has been aggressive in catering to the changing customer preferences and tastes, either by innovating...
-
Why Co-Founder Evan Spiegel Didn't Sell Snap
Tuesday, April 4, 2017 - 9:26am | 480Shares of Snap Inc (NYSE: SNAP) have surged 31 percent from its IPO price of $17 on March 2. The stock now appears “fairly valued,” BTIG’s Richard Greenfield said in a report. The analyst will hold off issuing a higher rating unless co-founder and CEO Evan Spiegel can “...
-
Facebook's Secular Trends Toward Mobile, Accelerating Shift Of Ad Dollars
Tuesday, March 21, 2017 - 11:09am | 554With shares up 15 percent so far this year, Facebook Inc (NASDAQ: FB) was just doing too well for BTIG Research not to have a Buy on the stock. The firm upgraded Facebook from Neutral to Buy and announced a $175 price target Tuesday, citing the continuing shift of advertising to mobile and positive...
-
Trump Gives Twitter A Second Chance; BTIG Upgrades Stock To Buy
Wednesday, February 8, 2017 - 9:00am | 341BTIG’s Richard Greenfield believes Twitter Inc’s (NYSE: TWTR) daily active user (DAU) growth "is accelerating, particularly in the US, which has a disproportionate impact on Twitter's revenues and profits.” The analyst upgraded the rating on the company from Neutral to...
-
Twitter Is Still Basically What It Was In 2008
Wednesday, September 7, 2016 - 7:41am | 365Shares of Twitter Inc (NYSE: TWTR) have gained 8 percent since August 30, following Co-Founder and Director Evan Williams’ comments related to a possible sale of the company. The platform hasn't changed much since 2008 and Twitter still needs to figure out how to expand its user base,...
-
7 Questions Facing Disney Heading Into Earnings Release
Monday, August 8, 2016 - 11:37am | 517Walt Disney Co (NYSE: DIS) is scheduled to report its fiscal Q3 results after market close on August 9. BTIG’s Richard Greenfield mentioned that there were concerns associated with the company’s growth in fiscal 2017 and beyond, and listed key questions for management. Questions For...
-
Snapchat Finding Out What Happens When You Refuse A Facebook Buyout
Thursday, August 4, 2016 - 8:49am | 356Snapchat turned down a $3 billion acquisition offer from Facebook Inc (NASDAQ: FB) in 2013. In the two years since then, Snapchat has achieved exponential growth in usage. Although Snapchat remains much smaller than Facebook, it has surpassed Twitter Inc (NYSE: TWTR) in terms of domestic daily...
-
BTIG Says Twitter Is Betting The Farm On Live Sports, Video To Court Media Giants' Interest
Tuesday, July 26, 2016 - 9:19am | 607Twitter Inc (NYSE: TWTR) is betting its future on the potential of live sports and may be trying to "court" legacy media companies such as Walt Disney Co (NYSE: DIS), Twenty-First Century Fox Inc (NASDAQ: FOX) (NASDAQ: FOXA), NBC, CBS Corporation (NYSE: CBS) and Time Warner Inc (NYSE: TWX),...
-
8 Netflix Investor Concerns Heading Into Q2 Earnings Report
Friday, July 15, 2016 - 11:16am | 476Ahead of the 2Q16 earnings report by Netflix, Inc. (NASDAQ: NFLX), BTIG’s Richard Greenfield highlighted eight investor concerns regarding the company. Greenfield maintains a Buy rating on the company, with a price target of $150. Key Investor Concerns The analyst listed the eight biggest...