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Priceline Presents A Compelling Risk/Reward For Investors
Tuesday, February 28, 2017 - 12:46pm | 363Read More...UBS reiterated its Buy rating on Priceline Group Inc (NASDAQ: PCLN) after the travel services company reported a solid earnings report, with beat across the board, and faster than expected growth in its one quarter forward commentary. Analyst Eric Sheridan noted that Priceline has consistently...
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Facebook Poised For Long-Term Success Despite Near-Term Concerns
Thursday, November 3, 2016 - 8:31am | 333Read More...Shares of Facebook Inc (NASDAQ: FB) slipped 5.5 percent in the pre-market hours, despite reporting better-than-expected third-quarter results, as investors weigh forward commentary. However, UBS is positive on the company's long-term fundamentals. The social media giant reported non-GAAP...
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Don't Let Amazon's Near-Term Headwinds Cloud Its Long-Term Growth
Friday, October 28, 2016 - 1:09pm | 384Read More...Amazon.com, Inc. (NASDAQ: AMZN)'s long-term growth story is far from over, but the same thinking isn't necessarily true for its stock, at least according to UBS' Eric Sheridan. In a research report published on Friday following Amazon's third quarter results, Sheridan noted that Amazon's stock has...
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Google, Top Pick Among Internet Stocks, Continues To Exceed
Friday, October 28, 2016 - 12:39pm | 258Read More...Alphabet Inc (NASDAQ: GOOGL) has continued to “build on recent business momentum driven by mobile search & YouTube,” UBS’ Eric Sheridan said in a report. He maintained a Buy rating on the company, with a price target of $925. Sheridan named Alphabet as the top pick for...
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Twitter 2.0 Starting To Emerge
Friday, October 28, 2016 - 10:22am | 292Read More...UBS analyst Eric Sheridan noted that Twitter Inc (NYSE: TWTR) management delivered stable or improving user growth and engagement for the second successive quarter, driven by initiatives related to live video and product. Sheridan maintained a Buy rating on the company, with a price target of $...
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Google Seeking The Trifecta Of Hardware, Software And A.I.
Wednesday, October 5, 2016 - 12:14pm | 375Read More...Eric Sheridan of UBS has a simple formula that explains Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s future: "Hardware + Software + AI = Future Google." In a report published Wednesday, Sheridan stated that Google announced during a presentation on Tuesday a new set of hardware devices which are...
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Mobile Advertising's Next Barrier: Texts, iMessages, WhatsApp And More
Friday, September 30, 2016 - 10:55am | 347Read More...An estimated three billion people use some form of messaging or chat app every day which certainly provides a lucrative opportunity for advertisers but according to Eric Sheridan of UBS, advertising on messaging platforms is "still at a nascent stage." The analyst attended Ad Week 2016 and shared...
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UBS Raises Amazon Price Target To $900
Friday, July 29, 2016 - 10:31am | 347Read More...Eric Sheridan of UBS has raised his price target on Amazon.com, Inc. (NASDAQ: AMZN) shares to $900 from $785 after the online retail giant reported strong second-quarter results, driven by a ramp in Prime, category expansion, geographical expansion and logistics/FBA. Based on Thursday's close of $...
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UBS Raises eBay's Price Target Following 'Solid' Q2 Report
Thursday, July 21, 2016 - 2:22pm | 335Read More...Shares of eBay Inc (NASDAQ: EBAY) touched a new 52-week high of $30.31 after a solid beat/raise quarter. UBS reiterated a Buy rating and raised its price target by $2 to $34. "We continue to believe that eBay provides a number of paths to value creation: a) improving core operations (...
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UBS Says Risks Skew Positively For Twitter In 2016, Upside Room Available For Shares
Thursday, February 11, 2016 - 9:02am | 310Read More...Shares of Twitter Inc (NYSE: TWTR) were trading lower by more than 7 percent Thursday morning following its first-quarter results. Investors and traders were concerned that Twitter's outlook reaffirms a bearish scenario for the stock. Eric Sheridan of UBS maintained a bullish tone and...
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Wall Street: It's Not Over For Yahoo's Tax-Free Alibaba Spinoff
Wednesday, September 9, 2015 - 1:11pm | 885Read More...Shares of Yahoo! Inc. (NASDAQ: YHOO) were trading lower by nearly 2 percent heading into Wednesday's regular trading session after the company announced on Tuesday that the IRS has decided not to grant a private letter ruling regarding the proposed tax-free spin of Alibaba Group Holding Ltd (NYSE:...
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UBS Hikes Amazon To Buy, Sees Optionality In China
Tuesday, July 14, 2015 - 10:14am | 260Read More...In a report published Tuesday, UBS analyst Eric J. Sheridan upgraded the rating on Amazon.com, Inc. (NASDAQ: AMZN) from Neutral to Buy, while raising the price target from $450 to $550, driven by growth in the Prime and Fulfillment by Amazon (FBA) businesses. Prime has seen strong subscriber growth...
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How Can eBay Boost Shareholders? UBS Has An Idea
Thursday, June 4, 2015 - 9:18am | 293Read More...In a report published Thursday, UBS analyst Eric Sheridan maintained a Buy rating on eBay Inc (NASDAQ: EBAY), while raising the price target from $64 to $70. The analyst believes that there is significant potential for eBay to raise shareholder returns. "We continue to believe that the...
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UBS Analyst: People Should Be Buying Alibaba Shares
Wednesday, March 4, 2015 - 4:46pm | 421Read More...Alibaba Group Holding Ltd (NYSE: BABA) shares have tumbled more than 7 percent in the last five days over recent reports of fake listings on the website and shares are down more than 25 percent in the last three months. However, many analysts consider this slump a buying opportunity for investors...
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UBS Analyst Questions Whether Amazon's Profitability Is Sustainable
Saturday, January 31, 2015 - 3:32pm | 340Read More...Eric Sheridan from UBS, and Nick Bilton from New York Times, were on CNBC Friday to discuss fourth-quarter earnings of Amazon.com, Inc. (NASDAQ: AMZN) and its long-term prospects. "Obviously we saw excellent trajectory on Amazon Prime," Sheridan said. "We think that is a positive...
