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Roth Capital: Buy IZEA On Millennial Trends
Friday, June 3, 2016 - 10:22am | 338Read More...Roth Capital has initiated coverage on Izea Inc (NASDAQ: IZEA) with a Buy rating and $9 price target, saying that the digital marketing company would benefit from millennial trends. Izea, with its agnostic platform, should capitalize on the ongoing millennial shift to mobile apps that has given...
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Roth Doesn't See Any Growth Catalysts At Glu Mobile, Downgrades To Neutral
Wednesday, May 4, 2016 - 9:58am | 322Read More...Glu Mobile Inc. (NASDAQ: GLUU) reported its 1Q results well ahead of the consensus and the estimates. ROTH Capital’s Darren Aftahi downgraded the rating on the company to Neutral, while lowering the price target from $4.15 to $2.50, due to the lack of growth catalysts. The analyst mentioned...
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It Won't Get Any Better For Redbox This Quarter
Tuesday, April 19, 2016 - 10:43am | 244Read More...Outerwall Inc (NASDAQ: OUTR) is scheduled to report its 1Q16 results on Thursday, April 28. Roth Capital Partners’ Darren Aftahi reiterated a Neutral rating for the company, with a price target of $35, saying that the company is likely to report another weak quarter for Redbox rentals....
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Roth Capital Starts Shopify, XO Group, Mitek At Buy
Friday, April 15, 2016 - 8:58am | 328Read More...Roth Capital's Darren Aftahi initiated coverage on three Internet and media stocks Thursday afternoon: Shopify Inc (NYSE: SHOP), XO Group Inc (NYSE: XOXO) and Mitek Systems, Inc. (NASDAQ: MITK), each with Buy ratings. Shopify: $35 Price Target Aftahi called Shopify "a pure-play on agnostically...
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Here's Why Redbox Digital Won't Save Outerwall
Monday, March 28, 2016 - 9:30am | 486Read More...Shares of Redbox-owner Outerwall Inc (NASDAQ: OUTR) gained last week after Variety reported that Redbox plans to launch a new video streaming service called Redbox Digital. However, Darren Aftahi of Roth Capital sees the strategy as "frankly too little, too late," given the commoditization of the...
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Outerwall Could Sell Itself Or Spin Off Assets, Roth's Aftahi Says
Tuesday, March 15, 2016 - 9:43am | 215Read More...Roth Capital Partners’ Darren Aftahi upgraded the rating for Outerwall Inc (NASDAQ: OUTR) from Sell to Neutral, while establishing a price target of $35. The analyst said that while the company’s core business continues to struggle, it could add value via strategic alternatives and a...
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Tencent Ups Glu Mobile Stake Even More, Now Has 21.5% Of Company
Friday, February 26, 2016 - 3:49pm | 317Read More...China's Tencent has raised its stake in mobile game maker Glu Mobile Inc. (NASDAQ: GLUU) to 21.5 percent, according to regulatory filings on SEC. Tencent, an Internet service portal in China, bought 4 million more shares of Glu Mobile – which is bringing Tencent's top-grossing Asian-market...
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Buy The Dip In MeetMe
Thursday, January 14, 2016 - 8:52am | 266Read More...Shares of MeetMe Inc (NASDAQ: MEET) have surged 107.75 over the past year, while declining 25.03 percent over the past five trading days. Roth Capital’s Darren Aftahi has maintained a Buy rating on the company, while raising the price target from $4.25 to $5.25. While...
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Sell Yelp On Valuation And Amazon Competition, Roth Analyst Warns
Monday, January 11, 2016 - 9:06am | 268Read More...Yelp Inc (NYSE: YELP) shares have been volatile over the last six months, and have lost 35 percent since July 13. Roth Capital Partners’ Darren Aftahi maintained a Sell rating for the company, with a price target of $17.50. Amazon’s expansion of its restaurant delivery service...
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Here's Why Etsy Is A Sell
Tuesday, December 22, 2015 - 10:42am | 264Read More...Roth Capital Partners on Tuesday issued a company note on Etsy Inc (NASDAQ: ETSY) amid signs of decelerating growth in active sellers and marketplace revenue. Roth initiated coverage of Etsy with a Sell rating and $5.75 price target. Analyst Darren Aftahi wrote, "ETSY has built the premier...
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Roth Believes In Glu Mobile's Celebrity Gaming Platform, Initiates With Buy Rating
Friday, November 13, 2015 - 9:17am | 307Read More...The share price of Glu Mobile Inc. (NASDAQ: GLUU) has declined 52.2 percent over the last six months, touching a low of $3.125 on November 9. Roth Capital’s Darren Aftahi has initiated coverage of the company with a Buy rating and a price target of $5. Aftahi believes that the...
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Roth Capital Starts Outerwall At Buy With $80 Price Target
Friday, November 13, 2015 - 8:59am | 361Read More...Outerwall Inc (NASDAQ: OUTR) shares are down 17 percent year-to-date, having plunged from a high of $84.45 on July 22. Roth Capital Partners’ Darren Aftahi initiated coverage of the company with a Buy rating and a price target of $30. Outerwall’s Redbox and Coinstar businesses...
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This Yelp Bear Is Worried About Competition
Thursday, September 24, 2015 - 11:18am | 299Read More...Yelp Inc (NYSE: YELP) shares have declined more than 59 percent year-to-date. Northland Capital’s Darren Aftahi has maintained an Underperform rating on the company, while lowering the price target from $21.50 to $17.75. Aftahi believes that new features added to local search...
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Yelp: What The Street Thinks Now
Monday, May 4, 2015 - 10:48am | 662Read More...Yelp Inc (NYSE: YELP) posted disappointing first quarter earnings on April 29, falling short on revenue estimates and posting slowed user growth for the second consecutive quarter. The report sent shares down about 16% after it was released. Yelp posted quarterly revenue of $118.5 million,...
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UPDATE: Northland Securities Downgrades Groupon
Wednesday, May 7, 2014 - 9:38am | 120Read More...In a note released Wednesday, Northland Securities analyst Darren Aftahi downgraded Groupon (NASDAQ: GRPN) from Outperform to Market Perform and lowered the price target from $12 to $7. Afhati explained the downgrade is due to worries that the company's guidance assumes a "rather aggressive" 2H14...
