Eric Sheridan

Netflix, Inc. (NASDAQ: NFLX) shares might finally be getting too rich for Wall Street, trading up 118 percent year-to-date as of Wednesday’s close. The high valuation led UBS to issue a downgrade on the stock. The Analyst UBS analyst Eric Sheridan downgraded Netflix from Buy to Neutral while...

IAC/InterActiveCorp (NASDAQ: IAC), an internet and media company whose well-known brands include HomeAdvisor and Tinder, offers investors a compelling risk-reward profile, according to UBS. The Analyst UBS' Eric Sheridan made the following changes: InterActive was maintained at Buy...

Shares of Activision Blizzard, Inc. (NASDAQ: ATVI) hit a new all-time high of $67.03 Friday morning before returning all of the daily gains and then losing an additional 4.5 percent in reaction to the company's third quarter earnings report. Here is a summary of what some of Wall Street's...

Amazon.com, Inc. (NASDAQ: AMZN)'s stock spiked more than 12 percent Friday after the company reported third-quarter numbers that clearly impressed the market. A number of Wall Street analysts weighed in on Amazon following the report. Here’s a rundown of what they had to say. Voices...

UBS upgraded Twitter Inc (NYSE: TWTR) to Neutral and raised its price target from $14 to $21 after the company reported strong earnings results. Analyst Eric Sheridan is encouraged by better engagement metrics as Twitter posted its fourth consecutive quarter with a double-digit daily active users...

Shares of Expedia Inc (NASDAQ: EXPE) plummeted nearly 20 percent Friday after the company revised its earnings outlook for the year lower. During a conference call with analysts, the company also provided a cautious outlook for next year. While some of Wall Street's top analysts, including UBS's...

Expedia Inc (NASDAQ: EXPE) shares are sharply lower Friday in reaction to its quarterly results released after the market close Thursday. Commenting on the results, UBS said, despite the short-term headwinds as the company invests for growth, it is constructive on the long-term opportunity. The...

The earnings season is picking up momentum next week, with several widely followed and high-profile companies lined up to release their quarterly results. Here is a brief on companies due to report and what to expect from each. 1. General Motors Date of reporting: Oct. 24. Consensus: EPS: $1...

Amazon.com, Inc. (NASDAQ: AMZN) recently completed the acquisition of brick-and-mortar grocery chain Whole Foods Market, Inc. Immediately after the closing of the deal, Amazon announced price cuts of up to even 43 percent at the Whole Foods locations. As such, UBS has a Buy rating and a $1,200...

The competitive landscape within the smartphone market could intensify even further if reports are true that Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) is looking to acquire HTC's mobile division. Alphabet's Google unit is reportedly in the final stages of negotiations to acquire HTC's struggling...

Snap Inc (NYSE: SNAP) shared plummeted 11 percent Friday to new all-time lows following a disappointing Q2 earnings report. A number of Wall Street analysts weighed in on Snap on Friday. Here’s a rundown of what they had to say. Voices From The Street UBS analyst Eric Sheridan said another...

Snap Inc (NYSE: SNAP), which reported its second quarterly earnings as a public company, has to start answering some hard questions posed by people who invested in the Snapchat social media platform, analysts say. Snap reported that daily active users were up by 7.3 million people from last quarter...

Priceline Group Inc (NASDAQ: PCLN) shares tanked 6.9 percent Wednesday after the company’s second-quarter earnings report fell short of market expectations. However, long-term investors shouldn’t read too much into one disappointing quarter, as Priceline remains the gold standard of...

Yelp Inc (NYSE: YELP) investors certainly liked what they saw from the company’s Q2 earnings report on Friday, sending shares higher by more than 27 percent. Yelp announced the sale of its Eat24 business to GrubHub Inc (NYSE: GRUB) for $287.5 million and reported an otherwise strong...

UBS keyed into expectations for some of next week’s highest profile earnings reports, providing updated insights for their high-conviction trading ideas. Among the names were Apple Inc. (NASDAQ: AAPL), Pfizer Inc. (NYSE: PFE), Tesla Inc (NASDAQ: TSLA) and Activision Blizzard, Inc. (NASDAQ:...