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Wedbush Maintains Neutral Stance On Twitter Ahead Of Earnings
Tuesday, February 3, 2015 - 10:02am | 195Read More...Shyam Patil of Wedbush commented in a note on Monday that Twitter Inc (NYSE: TWTR) will likely report upside to revenue and earnings when it reports its fourth-quarter results on Thursday after market close. Patil expects fourth-quarter revenue to total $450.5 million, on advertising revenue of...
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Wedbush Securities Expects Solid Start To Year For Nuance Communications
Tuesday, February 3, 2015 - 9:51am | 124Read More...In a report published Tuesday, Wedbush Securities analyst Shyam Patil reiterated a Neutral rating and $16.00 price target on Nuance Communications (NASDAQ: NUAN). In the report, Wedbush Securities noted, “As Nuance's business continues to transition toward ratably recognized recurring revenue, we...
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Wedbush Analyst Says Facebook Trading Down Due To Disappointing Ad Revenue
Wednesday, January 28, 2015 - 6:11pm | 169Read More...Speaking to Benzinga, Wedbush Analyst Shyam Patil said that shares of Facebook Inc (NASDAQ: FB) are trading down in the after-hours session due to disappointing ad revenue. While Patil was still going through the numbers, he noted that all the key metrics beat expectations modestly. “On...
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Is Twitter's Future As Grim As It Appears?
Monday, November 3, 2014 - 2:15pm | 824Read More...Analysts say that Twitter Inc's (NYSE: TWTR) earnings were no treat, but is the company really in trouble? "I actually think over time Twitter will have more users than Facebook," Sean Udall, CIO of Quantum Trading Strategies and author of The TechStrat Report, told Benzinga....
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Wedbush Previews Facebook Earnings
Tuesday, October 28, 2014 - 12:52pm | 141Read More...Facebook Inc (NASDAQ: FB) is scheduled to report third quarter 2014 financial results on Tuesday after the market close. Prior to the results, analysts at Wedbush offered a preview into Facebook earnings. Shyam Patil stated, "We expect Facebook to report a strong 3Q given positive...
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Wedbush Gives Feedback From Digital And Social Agencies On Facebook And Twitter
Thursday, October 9, 2014 - 3:55pm | 433Read More...Wedbush analysts Shyam Patil and Andy Chang recently “hosted meetings with eight leading digital and social agencies in the US and Europe. Most of the focus was on Facebook Inc. (NASDAQ: FB), followed by Twitter Inc. (NYSE: TWTR)” according to a report issued Thursday. Facebook...
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Facebook's Inspiration Is Another Social Network's Innovation
Sunday, August 3, 2014 - 11:10am | 239Read More...Facebook (NASDAQ: FB) announced a handful of new apps and features last month, bringing a piece of Twitter, Amazon and Snapchat to the world's largest social network. "I would say Facebook is becoming more like Twitter through these kinds of innovations, rather than Twitter becoming...
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Facebook's New Twitter Feature
Saturday, July 19, 2014 - 3:41pm | 563Read More...Facebook (NASDAQ: FB) has announced Mentions, a new app that transforms the social network into Twitter (NYSE: TWTR). Built exclusively for public figures (athletes, musicians, actors and other influencers), Mentions is only for people with verified Pages in the United States. More countries...
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What Will Facebook Do After Its Most-Talked About Event Ends?
Friday, July 11, 2014 - 2:45pm | 733Read More...The World Cup final match takes place Sunday. With it comes the conclusion of the most talked about event ever on Facebook (NASDAQ: FB). So, what’s next? Will there be another ‘most talked about event’ ever on the social media site soon, or will this record stand until the...
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Nuance Up On Rumor It May Provide Technology For Amazon's Fire
Thursday, June 19, 2014 - 2:45pm | 72Read More...Nuance Communications (NASDAQ: NUAN) rose nearly one percent Thursday on a rumor it may be involved with Amazon's new Fire smartphone. Wedbush analyst Shyam Patil, citing conversations with Amazon's customer support personnel, said Nuance may be providing its voice-assistant technology...
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Investors Taking Profits on Nuance Despite Wedbush Note
Thursday, April 3, 2014 - 3:55pm | 162Read More...In a report published Thursday, Wedbush analyst Shyam Patil wrote that Nuance Communications (NASDAQ: NUAN) will likely power Amazon.com's (NASDAQ: AMZN) Fire TV voice search. Patil reiterated a Neutral rating and $15.00 price target on Nuance. Wedbush remarked that Nuance's role in Fire TV's...
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Twitter Ends 2013 With A Surprise Profit
Wednesday, February 5, 2014 - 5:54pm | 679Read More...Is Twitter (NYSE: TWTR) the real deal? Investors got their first hint of an answer this afternoon when the social media firm reported its fourth quarter results. The company's monthly active users (MAUs) now stand at 241 million -- a 30 percent increase year-over-year. When Twitter had its...
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Did Facebook Lose More Teen Users In Q4 2013?
Thursday, January 30, 2014 - 3:58pm | 674Read More...Facebook (NASDAQ: FB) lost some of its teen users during the third quarter. Did the trend continue in Q4? Officially, the social network won't say. "In terms of teens, we don't have any new data to report today," CFO David Ebersman told investors during the company's Q4 earnings call, as quoted...
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UPDATE: Wedbush Downgrades Nuance Communications on Incremental Risk Heading into FY14
Tuesday, November 26, 2013 - 12:25pm | 158Read More...In a report published Tuesday, Wedbush analyst Shyam Patil downgraded the rating on Nuance Communications (NASDAQ: NUAN) from Outperform to Neutral, and lowered the price target from $22.00 to $15.00. In the report, Wedbush noted, “Nuance reported F4Q slightly ahead of estimates, but issued FY14...
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UPDATE: Wedbush Raises PT on Google on Modest Upside to 3Q Revenue/EPS
Friday, October 18, 2013 - 12:25pm | 131Read More...In a report published Friday, Wedbush analyst Shyam Patil reiterated a Neutral rating on Google (NASDAQ: GOOG), and raised the price target from $860.00 to $980.00. In the report, Wedbush noted, “Google reported overall 3Q revenue and EPS modestly ahead of expectations. Given that sentiment was...
