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King Digital Tests The Next Iteration Of 'Candy Crush' Earlier Than Expected
Thursday, September 3, 2015 - 9:09am | 306Read More...King Digital Entertainment PLC (NYSE: KING) shares are down 15 percent in the past month, even after hitting a peak of $16.10 on August 11. Pacific Crest’s Evan Wilson maintained a Sector Weight rating on the company. Although "Candy Crush Jelly Saga" could be launched...
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Zynga: What Does Wall Street Think?
Friday, August 7, 2015 - 3:28pm | 760Read More...Shares of Zynga Inc (NASDAQ: ZNGA) were trading higher by nearly 2.50 percent early Friday afternoon as investors appeared to have sufficient reason to buy the stock after the company reported a narrower-than-expected adjusted loss for the second quarter. Here is a summary of what Wall Street's...
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Activision Is Still Rewarding Investors, And More Call Of Duty Is Coming
Wednesday, August 5, 2015 - 3:54pm | 398Read More...Following the company’s recent Q2 earnings beat, shares of video game giant Activision Blizzard, Inc. (NASDAQ: ATVI) were soaring more than 13 percent on Wednesday. But with the stock now up more than 44 percent so far this year, should shareholders be taking profits? Pacific Crest...
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Wall Street Analysts Can't Agree On Zillow
Wednesday, August 5, 2015 - 12:44pm | 761Read More...Zillow Group Inc (NASDAQ: Z) reported its second-quarter results after Tuesday's market close. The company reported a loss of $0.46 per share (non-GAAP loss of $0.01) on revenue of $171.3 million, while the Street was looking for a loss of $0.27 per share on sales of $169.17 million. After...
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Why Wall Street Isn't Freaking Out About LinkedIn's Earnings
Friday, July 31, 2015 - 11:59am | 1051Read More...Shares of LinkedIn Corp (NYSE: LNKD) spiked higher by more than 12 percent on Thursday after the company reported its second-quarter results. However, shares reversed course and not only gave up all of its gains but were trading lower by more than 9 percent on Friday. Here is a summary of what...
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Wall Street's Top Pros Dissect Facebook's Earnings
Thursday, July 30, 2015 - 8:25am | 864Read More...Shares of Facebook Inc (NASDAQ: FB) were trading lower by 2.5 percent in Thursday's pre-market session after the company reported its second-quarter results on Wednesday. Here are what Wall Street's top analysts are saying. Morgan Stanley: Bullish Thesis Continues Brian Nowak of...
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Criteo Now Worth $65/Share After Gaining Market Share, Pacific Crest Says
Wednesday, July 1, 2015 - 7:35am | 232Read More...In a report published Wednesday, Pacific Crest analyst Evan Wilson maintained an Overweight rating on Criteo SA (ADR) (NASDAQ: CRTO), while raising the price target from $55 to $65, following cookie checks that suggest that the company has gained market share. Cookie checks for Q2 suggest that "...
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Why Yelp Is Too Expensive For Local Businesses
Tuesday, June 30, 2015 - 8:15am | 403Read More...In a report published Monday, Pacific Crest Securities analyst Evan Wilson discussed why he thinks Yelp Inc (NYSE: YELP)'s services is too expensive for many independent restaurants and local businesses. Wilson led a multi-month study in to the restaurant industry and conversed with many...
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So… Does Wall Street Like GameStop Now?
Friday, May 29, 2015 - 11:12am | 611Read More...Shares of GameStop Corp. (NYSE: GME) were surging 8 percent Friday morning after the company reported a better-than-expected first quarter earnings on Thursday. Here are what three of Wall Street's top analysts have to say. Wedbush: There Is Little Critical That Can Be Said Michael...
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How's The Street Reacting To Take-Two Earnings?
Tuesday, May 19, 2015 - 10:48am | 465Read More...Take-Two Interactive Software, Inc. (NASDAQ: TTWO) reported mixed fourth quarter results on Monday as the company reported a better-than-expected earnings while revenue fell short of expectations. Here is a summary of what some of Wall Street's top analysts have to say. Credit Suisse:...
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Pacific Crest: Many Short-Term Challenges Facing Yelp
Wednesday, April 15, 2015 - 10:26am | 336Read More...Pacific Crest issued a company update on Yelp Inc (NYSE: YELP) after analysis showed that mobile and traffic headwinds could continue and extend underperforming user results. Pacific Crest rates Yelp as Sector Weight, while a price target is currently unavailable. Analyst Evan Wilson wrote,...
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Pacific Crest Asks If Valuation Is A Worry At LinkedIn-Lynda Acquisition
Friday, April 10, 2015 - 11:39am | 191Read More...In a report published Thursday, Pacific Crest analyst Evan Wilson stated that LinkedIn Corp (NYSE: LNKD)'s acquisition of Lynda.com "makes lots of sense" but the valuation LinkedIn paid is being called in to question. LinkedIn acquired Lynda for $1.5 billion, or 10.7x 2014 revenue. Wilson noted...
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Verified Users A Potential Revenue Source For Twitter
Monday, March 16, 2015 - 10:14am | 305Read More...Pacific Crest issued a report on Twitter Inc (NYSE: TWTR) saying that a "Verified" Twitter Service may be introduced in 2015. This service would charge users to become verified in exchange for lower ad load and the ability to uniquely interact with other verified users. Pacific Crest...
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GameStop Corp. Doubles Holiday Hiring; Analysts See 12% Sales Growth
Thursday, September 25, 2014 - 1:18pm | 212Read More...GameStop Corp. (NYSE: GME) said Thursday it will nearly double its seasonal hiring in a reflection of the current strength of its business. The Grapevine, Texas-based video game retailer said it will hire 25,000 temporary employees nationwide as the company prepares for the upcoming holiday...
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Pacific Crest Comments on Twitter, LinkedIn And More Amid Vail Tech Forum
Wednesday, August 20, 2014 - 3:24pm | 397Read More...In a note from yesterday, Pacific Crest Analysts Evan Wilson and Bryan Liang provided their key takeaways from the Vail Tech Forum on a bevy of stocks. Twitter (NASDAQ: TWTR) "There is still doubt about Twitter's potential monetization, but on a per-user basis, monetization could...
