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Lyft's Q2 Earnings Impress, But Q4 Expectations Worry Analysts
Wednesday, August 9, 2023 - 11:58am | 452Shares of Lyft Inc (NASDAQ: LYFT) were trading lower on Wednesday, despite the company reporting an earnings beat for the second quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. RBC Capital Markets On Lyft Analyst Brad...
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Pinterest Analysts React To Q2 Earnings: 'Sustainable GAAP Growth Is Required To Move The Shares From Here'
Wednesday, August 2, 2023 - 12:52pm | 428Shares of Pinterest Inc (NYSE: PINS) tanked in early trading on Wednesday, although the company reported a revenue beat for the second quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. RBC Capital Markets On Pinterest Analyst...
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Alphabet's AI Integration Winning Over 5 Analysts: Q2 Results Spark Optimism Despite Market Challenges
Wednesday, July 26, 2023 - 11:17am | 694Shares of Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) spiked in early trading on Wednesday, even as the company is facing increasing threats from ChatGPT and plans by competing tech giants to create open maps. Alphabet also reported its second-quarter report, with revenue and operating...
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Uber Analyzed Post-Q1: Ride Frequency, Cost Cuts, Alcohol, Super Bowl Yield Higher Targets
Wednesday, May 3, 2023 - 11:48am | 791Mobility company Uber Technologies (NYSE: UBER) reported first-quarter financial results, with revenue beating consensus estimates from analysts. Here’s a look at what analysts are saying after the report. The UBER Analysts: RBC analyst Brad Erickson has an Outperform rating and a price...
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Susquehanna Downgrades Expedia: 'It Could Take Several Quarters To Resolve These Issues'
Monday, May 6, 2019 - 5:09pm | 373Expedia Inc (NASDAQ: EXPE) shares were down at the end of Monday's session after Susquehanna dropped its bullish stance on the online travel agency. The Analyst Shyam Patil downgraded Expedia from Positive to Neutral and lowered the price target from $170 to $141. The Thesis While he is...
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After 'Sluggish' Q4 Print From eBay, Sell-Side More Focused On 'The Elephant In The Room'
Wednesday, January 30, 2019 - 1:34pm | 764E-commerce company eBay Inc (NASDAQ: EBAY) reported fourth-quarter results Tuesday, days after activist investor Elliott Management announced a stake of more than 4 percent. Here's how the Street reacted. The Analysts Barclays' Ross Sandler maintains an Overweight rating on...
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The Sell-Side Reviews Pandora's Q2
Wednesday, August 1, 2018 - 2:42pm | 682After Tuesday’s second-quarter earnings report showcased thriving paid subscriptions and revenue, Pandora Music, Inc. (NYSE: P) shares rose 8 percent in aftermarket trading. The Analysts Bank Of America Merrill Lynch analyst Nat Schindler reiterated both an Underperform rating and a $5....
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Susquehanna Lowers Alibaba Estimates, Maintains It's An E-Commerce 'Killer'
Friday, July 6, 2018 - 10:33am | 403Susquehanna slightly reduced its estimates for Alibaba Group Holding Ltd (NYSE: BABA), citing the consolidation of the food delivery service Ele.me and higher costs from Youku, but the firm remains as bullish on the Chinese e-commerce platform as ever. The Analyst Susquehanna analyst...
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Yahoo Still Trying To Get The Verizon Sale Done
Wednesday, October 19, 2016 - 9:52am | 460Reviewing Yahoo! Inc. (NASDAQ: YHOO)'s third-quarter results, Susquehanna Financial said the company is still trying to get the Verizon Communications Inc. (NYSE: VZ) deal done. Valuation Cut Analyst Shyam Patil noted that Yahoo went the extra mile to prove with its traffic metrics that the recent...
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Buy The Dip In j2 Global, Susquehanna Says
Friday, March 11, 2016 - 3:15pm | 672Shares of Internet services firm J2 Global Inc (NASDAQ: JCOM) recovered after a heavy selloff on Thursday, which saw its stock price plunge as much as 20 percent following a Citron sell report. J2 Global responded to the report saying, "We believe it is both factually incorrect and wrongly...
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Why There Are Better Internet Stocks Than Twitter And Yelp
Monday, October 26, 2015 - 1:39pm | 458Susquehanna Group is bullish on GrubHub Inc (NYSE: GRUB) and LinkedIn Corp (NYSE: LNKD) ahead of earnings. The firm has a Neutral outlook for Twitter Inc (NYSE: TWTR) and Yelp Inc (NYSE: YELP). All four companies report earnings this week. Four big-name tech stocks are reporting...
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Social Media Pair Trade: Susquehanna Starts Yahoo & Facebook At Positive, Twitter & Yelp At Neutral
Tuesday, August 11, 2015 - 12:42pm | 654In various reports published Tuesday, Susquehanna analyst Shyam Patil initiated coverage of various social media companies. Patil initiated coverage of Facebook Inc (NASDAQ: FB) and Yahoo! Inc. (NASDAQ: YHOO) with "Positive" ratings while shares of Twitter Inc (NYSE: TWTR) and Yelp...
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LinkedIn's Armageddon And Wall Street's Reaction
Friday, May 1, 2015 - 9:51am | 651Shares of LinkedIn Corp (NYSE: LNKD) were trading lower by nearly 20 percent Friday morning after the company reported its first quarter results along with a disappointing outlook. Here are how some of Wall Street's top analysts reacted to the print. Wunderlich: Lowering Estimates But Metrics Still...
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Everything Wall Street Has Said About Twitter This Week
Tuesday, April 28, 2015 - 11:45am | 758Twitter Inc (NYSE: TWTR) is scheduled to report its first quarter results on Tuesday after market close. Here is a roundup of commentary from Wall Street's top analysts. Wedbush: Focus On Users And Engagement Shyam Patil of Wedbush commented in a note on Monday that Twitter is expected...
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What The Street Thinks Of Google Ahead Of Earnings
Thursday, April 23, 2015 - 10:32am | 549Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) will report Q1 2015 earnings results after the markets close Thursday. Several Wall Street firms gave their opinion ahead of the announcement. Wedbush: Neutral, $530 price target Shyam Patil and James Dix wrote: "While we believe there are...