Robert S. Peck

According to comScore, digital e-commerce spending will grow in the 2016 holiday season by 16–19 percent to $79 billion–$81 billion, representing an acceleration in growth compared to a year ago. Robert "Bob" S. Peck of SunTrust Robinson Humphrey pointed out that over the past two years...

After Fitbit Inc (NYSE: FIT)'s not-so-disappointing Q3 report but lowered guidance for Q4 and beyond, the market reacted. Shares were trading down nearly 30 percent mid-day Thursday with little or no bounce back after hitting $9 per share. Morgan Stanley Research: Downgraded to Equal Weight...

Although Fitbit Inc (NYSE: FIT) reported broadly in-line Q3 results, its Q4 guidance implied a sharp decline, raising questions around “customer demand, and the category's maturity,” SunTrust Robinson Humphrey’s Robert S. Peck said in a report. He downgraded the rating on the...

Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) reported strong quarterly results, as the company achieved growth and margin expansion. Google “continues to balance LT growth investments (i.e. Cloud), with capital returns (announcing a $7 billion buyback),” SunTrust Robinson Humphrey’...

Although Yahoo! Inc. (NASDAQ: YHOO) reported mixed results, they were overshadowed by the statement made by Verizon Communications Inc. (NYSE: VZ) General Counsel regarding the impact of the hack on the deal. Robert "Bob" S. Peck of SunTrust Robinson Humphrey maintains a Hold rating on the company...

Paypal Holdings Inc (NASDAQ: PYPL) is likely to report its Q3 results in-line with expectations, and investors could focus on the potential impact of the recent agreements with Visa Inc (NYSE: V) and Mastercard Inc (NYSE: MA), SunTrust Robinson Humphrey’s Robert "Bob" S. Peck said in a report...

Robert "Bob" S. Peck of SunTrust Robinson Humphrey believes that for the Q3 earnings report from IAC/InterActiveCorp (NASDAQ: IAC), it is important to remember the company’s publishing and apps businesses took on a restructuring charge in the previous quarter. Peck maintains a Buy rating on...

While Tinder would likely remain Match Group Inc’s (NASDAQ: MTCH) growth driver, turnaround at the Legacy and Affinity properties is expected to continue, SunTrust Robinson Humphrey’s Robert S. Peck said in a report. He maintained a Buy rating on the company, while raising the price...

With Netflix, Inc. (NASDAQ: NFLX) scheduled to report its Q3:16 results on October 10, Robert "Bob" S. Peck of SunTrust Robinson Humphrey expects the company to have seen continued subscriber headwind due to ungrandfathering, along with additional headwinds due to the Olympics. Peck maintains a...

Pandora Media Inc (NYSE: P) announced that it had entered into direct deals with most of the major labels in order to launch a new interactive service and improve its existing products. Robert "Bob" S. Peck of SunTrust Robinson Humphrey reiterated a Buy rating on the company, with a price target of...

Facebook Inc (NASDAQ: FB) has launched Instagram Stories, which is the company’s entrance into ephemeral content. Robert "Bob" S. Peck of SunTrust Robinson Humphrey maintained a Buy rating on the company, with a price target of $142. Similar To Snapchat “The experience is very similar...

Amazon.com, Inc. (NASDAQ: AMZN) delivered a 2Q16 beat across the board, despite tougher comps, SunTrust Robinson Humphrey’s Robert S. Peck mentioned in a report. He maintained a Neutral rating on the company, while raising the price target from $775 to $800. Amazon reported robust 2Q...