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Alphabet Is Upping Its Ad Game
Monday, February 22, 2016 - 4:17pm | 318Read More...Google parent Alphabet Inc (NASDAQ: GOOG) is ramping its ad business and the latest four ads move would help grow its paid clicks, according to Evan Wilson of Pacific Crest Securities. Alphabet has increased the number of desktop searches that have four ads on top, up from a previous maximum of...
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The Twitter 'Hope Trade' Is Dead
Thursday, February 11, 2016 - 1:09pm | 428Read More...According to long-time bull KeyBanc Capital Markets analyst Evan Wilson, Twitter Inc (NYSE: TWTR) is beginning to disappoint and the sky ahead looks gloomy. Wilson began by reaffirming that KeyBanc had "stuck with" Twitter and "no one likes a downgrade," effectively...
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Analysts Hesitant After LinkedIn's Conservative Guidance; Shares Plummet More Than 42%
Friday, February 5, 2016 - 2:31pm | 718Read More...Analysts roundly panned LinkedIn Corp (NYSE: LNKD)'s 2016 outlook after the company lowered guidance in a fourth-quarter earnings report this week. The company also offered a surprise for investors in announcing it would merge the B2B marketing solution it purchased last year, Bizo, into an...
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Pacific Crest's Confidence In LinkedIn Is 'Shaken,' But Thinks Selloff Is Overdone
Friday, February 5, 2016 - 9:47am | 339Read More...LinkedIn Corp (NYSE: LNKD) shares have dropped 23.87 percent over the past three months, touching to a low of $188.03 on January 27. Evan Wilson of Pacific Crest has maintained an Overweight rating on the company, while lowering the price target from $280 to $190. Wilson stated that...
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Google X Labs Is Bigger Than Initially Thought
Tuesday, January 26, 2016 - 11:33am | 371Read More...Alphabet Inc (NASDAQ: GOOGL) shares came under pressure in the past month, and have lost 4 percent since December 27. Pacific Crest’s Evan Wilson maintained an Overweight rating for the company, with a price target of $850. Wilson mentioned the groups that would fall under the...
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Activision Blizzard Is The Big Holiday Winner In Video Games; GameStop Is The Loser
Tuesday, December 29, 2015 - 9:50am | 624Read More...Activision Blizzard, Inc. (NASDAQ: ATVI) shares have gained 5 percent in the last one month, while shares of GameStop Corp. (NYSE: GME) are down 21 percent. Pacific Crest’s Evan Wilson maintained an Overweight rating on Activision Blizzard and a Sector Weight rating on GameStop....
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Stifel Cuts GameStop Estimates After New NPD Data Release, PacCrest Calls It 'Shockingly Bad'
Friday, December 11, 2015 - 12:43pm | 457Read More...The share price of GameStop Corp. (NYSE: GME) has declined 30.71 percent over the last month, dipping almost to its 52-week low. Stifel’s David A. Schick has maintained a Hold rating, while Evan Wilson of Pacific Crest has maintained a Sector Weight rating on the company. The NPD...
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Pacific Crest Downgrades Gamestop; Why Shares Are Struggling Despite Tailwinds
Friday, November 13, 2015 - 9:52am | 287Read More...GameStop Corp. (NYSE: GME) shares have appreciated 31.75 percent year-to-date, from $32.27 on January 9. Pacific Crest’s Evan Wilson has downgraded the rating on the company from Overweight to Sector Weight. Given the appreciation in the share price, and expectations of lower growth...
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Angie's List Has Been Made An Offer It Shouldn't Refuse, Says PacCrest
Thursday, November 12, 2015 - 11:31am | 384Read More...Angie's List Inc (NASDAQ: ANGI) shares have surged 53 percent in the last month, breaching the $8 mark for the first time in 2015. Pacific Crest’s Evan Wilson maintained a Sector Weight on the company. Wilson believes that the company should not refuse the deal it has been...
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HomeAway Investors, It's Time To Move To Criteo
Monday, November 9, 2015 - 9:59am | 318Read More...HomeAway, Inc. (NASDAQ: AWAY) shares have gained 36 percent since October 9, having spiked during the last 5 trading days. Pacific Crest’s Evan Wilson downgraded the rating on the company to Sector Weight. The company has agreed to be acquired by Expedia Inc (NASDAQ: EXPE), and...
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Expedia Is Buying HomeAway, But Could Other Suitors Step In?
Thursday, November 5, 2015 - 2:32pm | 558Read More...HomeAway, Inc. (NASDAQ: AWAY) confirmed on Wednesday it has received a buyout offer from Expedia, Inc. (NASDAQ: EXPE) to acquire the entire company for $38.31 per share. The deal would consist of $10.15 in cash and 0.2065 shares of Expedia for each share of HomeAway. Analysts noted that...
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Facebook's Q3 Earnings Impressed Investors - Was Wall Street Equally Impressed?
Thursday, November 5, 2015 - 10:27am | 1013Read More...Shares of Facebook Inc (NASDAQ: FB) eclipsed its prior 52-week high of $105.12 after the company reported its third-quarter results on Wednesday. Facebook earned $0.57 per share in the third quarter on revenue of $4.5 billion, while analysts were looking for $0.52 per share and $4.37 billion...
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Bottom Not Yet In For Internet Stocks, But Here Are Four Names That Could Pop
Tuesday, October 20, 2015 - 12:48pm | 455Read More...Pacific Crest believes that Internet stocks remain at or near the trough of the current cycle. The firm believes that the bottom may still not be in, as 2016 EBITDA margin forecasts remain high. Pacific Crest is calling for choppy earnings and believes that stock selection is critical. With...
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PacCrest's Wilson: We're Sticking Around In Twitter, Reiterate Overweight Rating
Wednesday, October 14, 2015 - 10:00am | 264Read More...Twitter Inc (NYSE: TWTR) shares are down 19 percent year-do-date, despite breaching the $50 mark in April. Pacific Crest’s Evan Wilson maintained an Overweight rating on the company, with a price target of $40. Twitter’s new CEO is trying to streamline operations and improve...
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Evan Wilson Offers Video Game Update, Offers Takeaways From GameStop Expo
Thursday, September 3, 2015 - 10:50am | 395Read More...Evan Wilson of Pacific Crest attended GameStop Corp. (NYSE: GME) exposition on Wednesday in which he observed "plenty of buzz and excitement" around the upcoming video game release slate. Wilson said that the exposition reinforced his prior thesis that 2015 will be the year when...












