Rob Sanderson

An analyst has said that Snap Inc (NYSE: SNAP) could achieve a valuation of $200 billion in five years. What Happened: Loop Capital’s markets analyst Rob Sanderson theorizes that if Snap’s monetization were to charter the same course in terms of monetization that Facebook Inc (NASDAQ:...

Investors aren't showing much concern about the $23-billion valuation for ride-hailing company Lyft Inc.’s initial public offering as the company continues on a roadshow leading up to the IPO, MKM Partners said this week. The valuation — $21 billion to $23 billion, based on a...

Chinese e-commerce company JD.Com Inc (NASDAQ: JD) reported fourth-quarter results Thursday that came in better than feared and warrant a continued bullish stance on the stock, according to MKM Partners. The Analysts MKM Partners' Rob Sanderson maintains a Buy rating on JD.com's stock...

The crowdsourced review platform Yelp Inc (NYSE: YELP) reported Wednesday with fourth-quarter results that easily beat expectations and said it expects revenue to grow at a mid-teens compounded annual growth rate through 2023. Here's how Yelp analysts on the Street reacted to the...

Twitter Inc (NYSE: TWTR) shares came under pressure Thursday after the company issued disappointing guidance. The Analysts Morgan Stanley analyst Brian Nowak maintained an Equal-weight rating on Twitter shares and reduced the price target from $33 to $31. KeyBanc Capital Markets analyst...

Despite an ongoing trade war with the U.S. government, Chinese e-commerce giant Alibaba Group Holding Ltd (NYSE: BABA) remains a top mega-cap stock pick at MKM Partners for three key reasons. The Analyst Rob Sanderson maintains a Buy rating on Alibaba's stock with an unchanged $245 price...

Netflix, Inc. (NASDAQ: NFLX) is a tale of two stories: it's the worst-performing FANG member over the past one-, three- and six-month periods, but at the same time the stock gives a sustainable yearly return of 30 percent, according to MKM Partners. The Analyst Analyst Rob...

JD.Com Inc (NASDAQ: JD) plunged 5.3 percent Tuesday on news of its founder’s pullback from some of his CEO duties in the wake of an August arrest on suspicion of criminal sexual conduct.  JD released underwhelming fourth-quarter guidance that overshadowed in-line quarterly results...

Streaming music platform Spotify Technology SA (NYSE: SPOT) and Netflix, Inc. (NASDAQ: NFLX) have more parallels than differences, according to MKM Partners.  The Analyst Analyst Rob Sanderson maintained a Buy rating on Spotify with an unchanged $245 price target. The Thesis Spotify...

Twitter Inc (NYSE: TWTR) shares experienced a pullback after the social media platform's July 27 second-quarter earnings release as traders reacted to a decline in monthly active user metrics and sour guidance. The stock movement amounts to a healthy reset amid strong fundamental...

Streaming music provider Spotify was reportedly worth more than $19 billion at the end of 2017 and could be worth as much as $70 billion in just three years, according to MKM Partners. The Analyst MKM Partners analyst Rob Sanderson commented on Spotify's upcoming initial public offering. MKM...

The start of a new era for Priceline Group Inc (NASDAQ: PCLN) is in sight ahead of the company’s fourth-quarter earnings. The online travel agency will change its name to Booking Holdings and trade under the new ticker symbol BKNG beginning Tuesday. Ahead of the earnings report, MKM...

Expedia Inc (NASDAQ: EXPE) shares are likely to be weighed down this year by pressures such as cyclical headwinds and increased competition from Airbnb, according to MKM Partners.  The Analyst  MKM Partners analyst Rob Sanderson maintains a Neutral rating on Expedia and lowered the...

Despite a "mixed" fourth-quarter, Alphabet Inc. (NASDAQ: GOOG) is showing no signs of slowing down as website and cloud revenue growth continue to strengthen, according to MKM Partners.  The Analyst Rob Sanderson of MKM Partners reiterated a Buy rating on Google and raised the...

Amazon.com, Inc. (NASDAQ: AMZN)'s fourth quarter earnings report demonstrated its "strength" and prompted MKM Partners to revise its price target "significantly higher." The Analyst MKM Partners' Rob Sanderson maintains a Buy rating on Amazon's stock with a price...