Eric Sheridan

Social media company Snap Inc (NYSE: SNAP) reported fourth-quarter financial results after market close Tuesday. Here is what analysts are saying after the report. The Snap Analysts: Morgan Stanley analyst Brian Nowak has an Underweight rating on Snap and a price target of $7. Raymond James analyst...

Analysts are lowering their price targets on Meta Platforms (NASDAQ: META) after the company reported third-quarter financial results Wednesday. Here’s what analysts are saying about the company’s growth and high spending on the metaverse sector. The Meta Platforms Analysts: Goldman...

Take-Two Interactive Software, Inc’s (NASDAQ: TTWO) stock already reflects the short-term headwinds for the gaming industry, according to Goldman Sachs. The Take-Two Interactive Analyst: Eric Sheridan upgraded Take-Two Interactive from Neutral to Buy, while raising the price target from $131...

Snap Inc. (NYSE: SNAP) was falling over 2% lower on Friday after siding almost 8% lower on Thursday. Goldman Sachs analyst Eric Sheridan maintains a Buy rating on the stock, but drastically lowered the price target from $60 to $25. The lower target still suggests about 86% upside potentially for...

Goldman Sachs analyst Eric Sheridan initiated coverage of 10 companies across the interactive entertainment sector. Sheridan downgraded Electronic Arts Inc (NASDAQ: EA) to Neutral from Buy with a price target of $145, down from $183 (18.7% upside).  ...

Despite recent bearish sentiment from analysts, Peloton Interactive Inc (NASDAQ: PTON) is a stock to own long-term, Pivotal Advisors' Tiffany McGhee said Thursday on CNBC's "Fast Money Halftime Report." What Happened: UBS analyst Eric Sheridan reiterated a Sell...

UBS analysts took a deep-dive into internet-themed stocks and updated their thesis on individual stocks where the sell-side firm's risk-reward calculation has shifted to neutral or negative. The UBS internet Analyst: Eric Sheridan downgraded the following names: Chewy Inc (NYSE: CHWY) from...

UBS Group AG (NYSE: UBS) equity strategist Keith Parker gave the top 10 conviction stock picks for 2021, which, according to him, have an upside potential based on their “exposure to key themes” in 2021, CNBC reports. Parker factored in upside to price target, risk/...

Peloton Interactive (NASDAQ: PTON) shares were trading lower in Friday's session after the company reported first-quarter earnings results.  The company has faced supply chain and delivery issues, analysts said, but they remain optimistic that PTON will solve the problem by adding...

Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) shares were down 4.8% on Friday after the company reported its first quarter of negative revenue growth in history on Thursday. Alphabet reported second-quarter adjusted EPS of $10.13 on revenue of $38.30 billion. Both numbers beat consensus analyst...

Social media giant Facebook, Inc. (NASDAQ: FB) reported second-quarter results Thursday that were highlighted by 11% revenue growth and an expansion of its total monthly user base across all platforms from 2.99 billion last quarter to 3.14 billion. Here's how the Street reacted.  The...

Amazon.com, Inc. (NASDAQ: AMZN) shares were up 5% on Friday after the company reported earnings and revenue beats and said online grocery delivery tripled in the second quarter. Amazon reported second-quarter EPS of $10.30 on revenue of $88.9 billion. Both numbers blew away analyst...

Shares of eBay Inc (NASDAQ: EBAY) opened lower Wednesday despite the auction site reporting a top-and-bottom-line beat in its second quarter. Here's how some of the Street's top analysts reacted to the print. The Analysts: Stifel analyst Scott Devitt maintained a Buy rating on eBay...

Snap Inc (NYSE: SNAP) shares traded lower by 8% on Wednesday after the company reported a $326 million net loss in the second quarter, up from a $255 million loss a year ago. Snap reported a 9-cent EPS loss on the quarter, in-line with consensus analyst estimates. Revenue of $454 million exceeded...

Netflix Inc (NASDAQ: NFLX) shares traded down on Friday after the streaming video giant missed the market with its second-quarter earnings report on Thursday afternoon. Netflix reported EPS of $1.59, missing analyst expectations of $1.81. Revenue for the quarter was $6.15 billion, ahead...