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The Sell-Side Weighs In On Blue Apron
Monday, July 24, 2017 - 6:35pm | 739Blue Apron Holdings Inc (NYSE: APRN) shares jumped 13 percent on Monday after a number of its IPO underwriters weighed in on the stock for the first time following the expiration of the mandatory post-IPO quiet period. Here’s a rundown of what Wall Street had to say about Blue Apron. Barclays...
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Barclays: The Biggest Reason To Like Blue Apron Is Automation
Monday, July 24, 2017 - 2:12pm | 554Amid a slew of sell-side coverage initiations on Blue Apron Holdings Inc (NYSE: APRN) Monday morning, Barclays’ Ross Sandler was one of only three analysts’ to rate the company at Equal Weight. Sandler placed a $7 price target on the stock, which had climbed over 18 percent to $7.74 by...
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What Makes Sense About Amazon Buying Whole Foods
Sunday, June 25, 2017 - 10:09am | 467Amazon.com, Inc. (NASDAQ: AMZN)'s pending acquisition of Whole Foods Market, Inc. (NASDAQ: WFM) has been the talk of the business world. With Amazon attacking the food delivery and grocery market, picking up 460 Whole Foods locations immediately scales Amazon’s pickup points...
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Ross Sandler Highlights Snap's Q1 Positives And What To Monitor
Thursday, May 11, 2017 - 1:11pm | 397Barclays' Ross Sandler maintained an Equal-Weight rating on Snap Inc (NYSE: SNAP)'s stock with an unchanged $18 price target after Snap reported earnings for the first time as a public company. Overall, Snap's revenue exceeded Sandler's estimates but were still short of what his...
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IAC Uses Reverse-IPO Maneuver With HomeAdvisor To Create $4.2-Billion Combo With Angie's List
Tuesday, May 2, 2017 - 12:01pm | 525In a note, Barclays analyzed the reverse-IPO maneuver IAC/InterActiveCorp (NASDAQ: IAC) used to combine its HomeAdvisor with Angie's List Inc (NASDAQ: ANGI) in a deal valuing the combined business at $4.2 billion. Reverse Merger A reverse merger, according to Investopedia is a simple and less...
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Tread Cautiously Heading Into Market-Darling Amazon's Q1
Thursday, April 13, 2017 - 1:40pm | 350Ross Sandler of Barclays initiated coverage of Amazon.com, Inc. (NASDAQ: AMZN) in late March and suggested the stock will be worth $1 trillion one day. Despite the lofty long-term valuation, the analyst believes investors should be "treading cautiously" heading into the company's first-quarter...
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In Twitter's Q1, Investors Looking For Signs User Growth And Sales Will Get On The Same Page
Thursday, April 13, 2017 - 10:54am | 558Previewing Twitter Inc (NYSE: TWTR)'s first-quarter results, Barclays brought out the disconnect between the company's user growth and the revenue. Earnings, Revenue Expectations Twitter is expected to report its first quarter financial results before the markets open on April 26. The...
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The Typical Bullish Backdrop Expected For Facebook
Wednesday, April 12, 2017 - 1:35pm | 580Ahead of Facebook Inc's (NASDAQ: FB) first quarter results, Barclays said it expects the usual bullish backdrop going into the print. The social networking platform is expected to release its first quarter results after the market close on May 3. Analysts, on average, expect the company to...
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Q1 Daily Active User Numbers Could Make Or Break Snap
Wednesday, April 12, 2017 - 1:07pm | 335Traders are looking for two key numbers from most stocks this earnings season: revenue and EPS. However, for certain select stocks, there are even more important numbers ahead. According to Barclays analyst Ross Sandler, Snap Inc (NYSE: SNAP) is one of those stocks that has more important numbers...
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Google, The Laggard Of The FANG Stocks, May Catch Up This Year
Wednesday, April 12, 2017 - 10:55am | 406Jim Cramer and Bob Lang coined the acronym "FANG" in 2013 which refers to Facebook Inc (NASDAQ: FB), Amazon.com, Inc. (NASDAQ: AMZN), Netflix, Inc. (NASDAQ: NFLX) and Google/Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL). The "FANG" trade has proven itself to be a winner although...
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The Next 5 Years For Consumer Internet Stocks Could Be 'The Golden Years' For Mobile
Wednesday, March 29, 2017 - 10:28am | 457In the years ahead, some of the most dominant names in internet technology could extend their lead over the competition. According to Barclays analyst Ross Sandler, the next big trends in the space, such as augmented and virtual reality, Internet of Things (IoT), public cloud and machine learning,...
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Snap's Long-Term Growth Trajectory Is Bullish, But Near-Term Is Concerning
Wednesday, March 29, 2017 - 9:20am | 380Snap Inc (NYSE: SNAP) has a considerably large and growing user base. While the long-term growth prospects appear bright, Snap is still “unproven as a public company,” and the company’s key metrics may fluctuate significantly in the first few quarters, Barclays’ Ross Sandler...
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Why Facebook Is The Best Pure Play In Consumer Internet
Wednesday, March 29, 2017 - 8:55am | 374“We think Facebook Inc (NASDAQ: FB) is the best pure play in consumer Internet around the secular growth in mobile advertising, full stop,” Barclays’ Ross Sandler said in a note, while initiating coverage of the company with an Overweight rating and $154 price target. Best Pure...
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A Question Of When, Not If: Amazon And The $1 Trillion Market Cap
Wednesday, March 29, 2017 - 8:27am | 355Amazon.com, Inc. (NASDAQ: AMZN) “is on the winning side of the biggest TAMs & lowest penetration shifts in consumer internet & enterprise, and has more runway than just about any other company, in our view.” Barclays’ Ross Sandler initiated coverage of the company with an...
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Barclays On Twitter: Waiting On M&A Isn't Much Of A Thesis
Wednesday, March 29, 2017 - 8:05am | 361“Despite all the execution issues over the years, Twitter Inc (NYSE: TWTR) sees continued bouts of M&A speculation, which highlights the scarcity value for independent mobile businesses with scale,” Barclays’ Ross Sandler said in a note, while initiating coverage of the...