SunTrust

Following Microsoft Corporation (NASDAQ: MSFT)’s massive $26 billion buyout of LinkedIn Corp (NYSE: LNKD), shareholders of Yahoo! Inc. (NASDAQ: YHOO) and Twitter Inc (NYSE: TWTR) seemed convinced buyout deals for each company were imminent. So far, they have both gotten nothing but more...

SunTrust analysts found Instagram’s recently released user numbers impressive, but wondered whether slowing user growth indicates that the U.S. market has already matured. Instagram is still seeing 300 million daily active users, about 60 percent of a total of 500 million monthly active...

As the new week starts, SunTrust gave multiple reasons why they believe the pharmaceuticals group can outperform in 2016. SunTrust believes upward pressure on pharma names can be attributed to innovative new product cycles, accelerating long-term growth rates, an attractive 3 percent dividend...

In a bullish note on Thursday, SunTrust highlighted their encouragement from Lululemon Athletica Inc. (NASDAQ: LULU)'s Q1 earnings report. As a result of multiple positive initiatives beginning to come to fruition, SunTrust raised their price target from $79 to $83. Analyst Pamela...

Noted Internet analyst, Bob Peck, of SunTrust Robinson Humphrey, commented on Alphabet Inc (NASDAQ: GOOGL)'s Google and Apple Inc. (NASDAQ: AAPL) cutting rates on subscription apps and the possible implications for Pandora Media Inc (NYSE: P). Peck noted both Apple and Google will soon...

CNBC reported Yahoo! Inc. (NASDAQ: YHOO) has received multiple bids at or above $5 billion for the core business, and SunTrust's Bob Peck said the bids "make more sense." "Given the level of interest, we remain optimistic that the core could fetch ~$6B in the ongoing auction...

SunTrust Analyst William Chappell published a note Thursday morning on one of America's favorite snacks: microwaveable popcorn. Specifically, he gave his thoughts on Amplify Snack Brands Inc (NYSE: BETR) new SkinnyPop Microwave Popcorn, which is in test phase. Regardless of the good taste...

On Wednesday, Fitbit Inc (NYSE: FIT) announced it had incorporated Williams-Sonoma, Inc. (NYSE: WSM)’s President and CEO, Laura Alber, and Whole Foods Market, Inc. (NASDAQ: WFM)’s EVP and CFO, Glenda Flanagan, to its Board of Directors. Following the news, SunTrust’s Bob Peck...

SoftBank announced its plans to to sell a part of its 32.2 percent stake in Alibaba Group Holding Ltd (NYSE: BABA). The Chinese e-commerce company plans to buyback $2 billion of its own stock from Softbank, which intends to dispose of at least $7.9 billion in stock, in an effort to trim its debt...

For almost a year now, Uber has been offering short-term car leases for car-less people interested in becoming drivers for the ride hailing company. Xchange Leasing, LLC, a Uber subsidiary, usually partners up with auto dealerships, but takes care of advertising, risk management and even...

In a report issued Thursday, SunTrust’s Bob Peck and his team reiterated a Buy rating on Fitbit Inc (NYSE: FIT) noting that (1) the payments business could increase stickiness and (2) the upcoming Captivate Corporate Wellness Event could prove pivotal for the company. Last week, Fitbit...

In a recent report, analysts at SunTrust shared a preview of first quarter results for home décor companies: Williams-Sonoma, Inc. (NYSE: WSM), Michaels Companies Inc (NASDAQ: MIK) and Kirkland's, Inc. (NASDAQ: KIRK). Taking into account both macro and company-specific (particularly...

Shares of Herbalife Ltd. (NYSE: HLF) surged more than 12 percent as the potential resolution with FTC overshadowed the company's solid quarterly results and upbeat outlook for 2016. Herbalife reminded investors that, as previously disclosed, the company is in discussions with the FTC regarding its...