-
What The Street Thinks Of Facebook Ahead Of Earnings
Wednesday, April 22, 2015 - 11:45am | 617Facebook Inc (NASDAQ: FB) is scheduled to report Q1 2015 earnings results after Wednesday's market close. Several Wall Street firms have given their opinion ahead of the announcement. Wedbush: Outperform, $94 Price Target Shyam Patil and Andy Cheng wrote: "We expect Facebook to...
-
Is Facebook Video About To Ramp Significantly?
Monday, April 13, 2015 - 7:37pm | 291Wedbush commented on Facebook Inc (NASDAQ: FB) Monday following a panel discussion with ad agencies. Analysts Shyam Patil and Andy Cheng felt that spending was solid, video was scaling and Instagram was “quietly ramping,” following the group discussion. "Our panelists also...
-
Wedbush Warns Of Decelerating Trends At Google
Wednesday, April 1, 2015 - 9:09am | 191Wedbush issued a company note on Google Inc (NASDAQ: GOOG) on Wednesday after its SEM conference call with top industry analysts. Wedbush rates Google as Neutral with a $530 price target. Analysts Shyam Patil and James Dix wrote, "Overall, commentary from the SEMs seems to suggest deceleration in...
-
Wedbush Securities Remains Positive On J2 Global Following Management Meetings
Thursday, March 26, 2015 - 9:42am | 154In a report published Thursday, Wedbush Securities analyst Shyam Patil reiterated an Outperform rating and $75.00 price target on J2 Global Inc. (NASDAQ: JCOM). In the report, Wedbush Securities noted, "Recall that j2 is attempting to acquire Carbonite and has entered into a due diligence process...
-
Wedbush Securities Feels More Upbeat On COMSCORE Following Management Meetings
Friday, March 13, 2015 - 9:49am | 127In a report published Friday, Wedbush Securities analyst Shyam Patil reiterated an Outperform rating and $60.00 price target on COMSCORE, Inc. (NASDAQ: SCOR). In the report, Wedbush Securities noted, "We walked away incrementally more positive on comScore following our meetings with management. We...
-
Wedbush Securities Feels More Confident About Positive Thesis For Synchronoss Technologies Following Analyst Day
Thursday, March 12, 2015 - 10:14am | 122In a report published Thursday, Wedbush Securities analyst Shyam Patil reiterated an Outperform rating and $60.00 price target on Synchronoss Technologies, Inc. (NASDAQ: SNCR). In the report, Wedbush Securities noted, "We walked away incrementally more comfortable with our positive thesis on...
-
Wedbush Remains Positive On NICE Systems After Management Meetings
Monday, February 23, 2015 - 1:50pm | 244In a report published Sunday, Wedbush analysts Shyam Patil and Andy Cheng shared thoughts about NICE-Systems Limited (NASDAQ: NICE) following their meetings with the company’s management. The analysts highlight the “positive tone around demand environment and growth prospects....
-
Wedbush Securities Believes 2015 Outlook Continues To Point To Secular Momentum For Demandware
Friday, February 20, 2015 - 9:42am | 125In a report published Friday, Wedbush Securities analyst Shyam Patil reiterated an Outperform rating and $70.00 price target on Demandware Inc (NYSE: DWRE). In the report, Wedbush Securities noted, "Demandware reported a solid 4Q and provided relatively in-line guidance for 2015 (after adjusting...
-
Wedbush Positive on Demandware Ahead of 4Q14 Results
Tuesday, February 17, 2015 - 10:30am | 214In a report published Tuesday, Wedbush Securities analyst Shyam Patil reiterated an Outperform rating and $70.00 price target on Demandware Inc (NYSE: DWRE). In the report, Wedbush Securities noted, "We expect Demandware to report a solid quarter and would note that the company has exceeded...
-
Major Catalysts For j2 Global Likely To Be M&A
Friday, February 13, 2015 - 11:17am | 135In a report published Friday, Wedbush Securities analyst Shyam Patil reiterated an Outperform rating on j2 Global (NASDAQ: JCOM), and raised the price target from $62.00 to $75.00. In the report, Wedbush Securities noted, "j2 reported strong 4Q upside with both cloud and media outperforming and...
-
Analyst Roundup: Big Strides For Twitter's User Monetization
Friday, February 6, 2015 - 4:21pm | 388Twitter Inc (NYSE: TWTR) shares gained nearly 17 percent Friday after the company posted encouraging results from efforts to monetize its 288 million active users. The social media company's shares changed hands recently at $47.71, up more than 15 percent. A key measure of monetization...
-
Wedbush Securities Reiterates Neutral Rating, Lowers Price Target On Nuance Communications On In-Line F1Q Report
Friday, February 6, 2015 - 10:56am | 131In a report published Friday, Wedbush Securities analyst Shyam Patil reiterated a Neutral rating on Nuance Communications (NASDAQ: NUAN), but lowered the price target from $16.00 to $15.00. In the report, Wedbush Securities noted, "Nuance reported a generally in-line F1Q (with the exception of...
-
Can Dick Costolo Stop Trolls On Twitter? Wedbush Analyst Weighs In
Thursday, February 5, 2015 - 4:59pm | 599In a leaked memo, Twitter Inc (NYSE: TWTR) CEO Dick Costolo took responsibility for abusive trolls and vowed to clean up the problem. Costolo's remarks sound good on paper, but is it really possible to stop trolls from harassing other users on Twitter? "It is a big problem for...
-
Twitter's Q4 Should Be 'Good,' But What About Q1 2015?
Thursday, February 5, 2015 - 2:51pm | 617Analysts have differing views on Twitter Inc's (NYSE: TWTR) long-term potential, but they seem to agree that the fourth-quarter results will be somewhat satisfactory. "I think they're going to be good," MKM Partners analyst Rob Sanderson told Benzinga. "The focus has been...
-
The Google-Twitter Deal Is A 'Win-Win' For Both Parties, Wedbush Analyst Says
Thursday, February 5, 2015 - 1:17pm | 453Twitter Inc (NYSE: TWTR) and Google Inc (NASDAQ: GOOG) have reportedly signed a new agreement that could bolster both companies. The search engine giant is expected to begin showing tweets in Google search results later this year. "I think it's a win-win for both," Wedbush...