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Google's Mobile, YouTube Sites Grew At Their Fastest Rate In 3 Years
Friday, July 29, 2016 - 8:19am | 329Alphabet Inc (NASDAQ: GOOGL) delivered a 2Q16 beat, with accelerating growth and margin expansion. SunTrust Robinson Humphrey’s Robert S. Peck maintained a Buy rating on the company, while raising the price target from $850 to $900. Alphabet reported its 2Q revenue growth at 25 percent y/...
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Bob Peck Says Yahoo Holders Should 'Sell The News'
Monday, July 25, 2016 - 7:39am | 356The Wall Street Journal reported that Verizon Communications Inc. (NYSE: VZ) has agreed to pay ~$5B for the core business of Yahoo! Inc. (NASDAQ: YHOO), along with some real estate. SunTrust Robinson Humphrey’s Robert S. Peck maintained a Neutral rating on Yahoo, with a price target of $42...
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SunTrust's Bob Peck Expecting In-Line Quarter From eBay
Monday, July 18, 2016 - 8:49am | 312While eBay Inc’s (NASDAQ: EBAY) US growth continues to be in-line with expectations, the company has been focusing on returning capital to shareholders, SunTrust Robinson Humphrey’s Robert S. Peck said in a report. He maintained a Neutral rating on the company, with a price target of...
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4 Reasons SunTust's Bob Peck Downgraded Yahoo
Monday, July 11, 2016 - 7:43am | 379Bob Peck of SunTrust Robinson Humphrey expects Yahoo! Inc. (NASDAQ: YHOO) to make a decision on the core sale around July 18. He downgraded the rating on the company from Buy to Neutral, while lowering the price target from $44 to $42. 4 Reasons To Sell The analyst expects a positive results...
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SunTrust Raises Amazon's Target To $775, But Remains Neutral On Shares
Wednesday, July 6, 2016 - 10:59am | 252Bob Peck of SunTrust Robinson Humphrey believes it will be difficult for Amazon.com, Inc. (NASDAQ: AMZN) shares to outperform peers, going forward. He maintained a Neutral rating on the company, while raising the price target from $710 to $775. “Competition is increasing, which could...
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Why Bob Peck Is Still Buying Alphabet Shares Heading Into Q2 Earnings
Wednesday, July 6, 2016 - 9:36am | 277Alphabet Inc (NASDAQ: GOOGL) is scheduled to announce its 2Q results on July 28. While expectations are modest, the stock valuation appears fair, SunTrust Robinson Humphrey’s Robert S. Peck mentioned in a report. He maintained a Buy rating on the company, with a price target of $850, saying...
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Bob Peck's Bull/Bear Questions For Facebook, Amazon And Large-Cap Internet
Tuesday, July 5, 2016 - 8:09am | 1075Among the several trends in the Internet and Digital Media space, the more pronounced ones recently have been M&A, the network effect of size [with the big companies getting bigger] and a rise of disruptors, SunTrust Robinson Humphrey’s Robert S. Peck said in a report. He mentioned some...
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Could Snapchat Be The First 'Social Augmented Reality Platform'?
Tuesday, June 21, 2016 - 9:45am | 349Snapchat has overtaken Twitter Inc (NYSE: TWTR) in terms of DAUs [daily active users] and is significantly impacting the social media landscape. “Importantly, we think that Snapchat is evolving beyond just "another social media platform" and could be headed to be the first "...
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10 Topics For Alibaba's Analyst Day
Friday, June 10, 2016 - 8:22am | 341Alibaba Group Holding Ltd (NYSE: BABA) is scheduled to host its analyst day on June 14, in Hangzhou. Robert "Bob" Peck of SunTrust Robinson Humphrey maintains a Buy rating on the company, with a price target of $90. 10 Topic Areas “Investors we speak with are looking forward to a deeper...
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Verizon's $3 Billion Yahoo Bid Is 'Reasonable'
Tuesday, June 7, 2016 - 7:52am | 241According to the Wall Street Journal, Verizon Communications Inc. (NYSE: VZ) has made a bid worth $3 billion for Yahoo! Inc. (NASDAQ: YHOO)'s Core assets. Robert S. Peck of SunTrust Robinson Humphrey maintained a Buy rating on Yahoo. Related Link: Verizon Reportedly Bids $3 Billion For...
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SunTrust's Bob Peck Breaks Down 3 Scenario's For Yahoo's Round 2 Bids
Wednesday, June 1, 2016 - 11:20am | 319Ahead of the second round of bids for Yahoo! Inc.’ (NASDAQ: YHOO) core, Robert S. Peck of SunTrust Robinson Humphrey reviewed the various bid scenarios. Peck maintained a Buy rating on the company, with a price target of $44. The analyst broke up the potential bids into three scenarios...
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Snapchat Expands Further Into Twitter & Facebook's World
Tuesday, May 31, 2016 - 9:44am | 302Over the last few weeks, Snapchat has continued to expanding into direct response advertising, third-party measurement, and strong content partnerships. Moreover, the company has raised another $1.8 billion of financing. These factors create “a potentially very powerful player in the social...
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Bob Peck Believes Bids For Yahoo Could Come In Above $2-3 Billion
Friday, May 20, 2016 - 11:13am | 297The Wall Street Journal recently reported that potential buyers were likely to bid $2–$3 billion for Yahoo! Inc. (NASDAQ: YHOO)'s core. Robert "Bob" S. Peck of SunTrust Robinson Humphrey maintains a Buy rating on the company, with a price target of $44. What Are They Bidding For? Peck...
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Second Round Of Bids For Yahoo Ending Early June; Bob Peck Maintains At Buy
Wednesday, May 18, 2016 - 11:20am | 444The second round of bids for Yahoo! Inc. (NASDAQ: YHOO) are expected to be completed in early June. Robert "Bob" S. Peck of SunTrust Robinson Humphrey maintains a Buy rating on the company, with a price target of $44. Peck believes Verizon Communications Inc. (NYSE: VZ) is the leading contender for...
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10 Questions For PayPal's First Analyst Day
Tuesday, May 17, 2016 - 11:01am | 380Paypal Holdings Inc (NASDAQ: PYPL) is scheduled to host its very first Analyst Day since it separated from eBay Inc (NASDAQ: EBAY). The event will take place on May 18 in San Jose. Robert "Bob" S. Peck of SunTrust Robinson Humphrey maintains a Buy rating on PayPal Holdings. Peck delineated 10 areas...