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The Magic Lives On: Harry Potter's 'Fantastic Beasts' Expected To Open At $85 Million
Wednesday, November 16, 2016 - 1:11pm | 532Read More...With the release of the screenplay adaptation of the book titled "Fantastic Beasts and Where to Find Them" written by J.K. Rowling under the pen name Newt Scamander in 2001 around the corner, Loop Capital Markets previewed the release and its ramification on Time Warner Inc (NYSE: TWX), the parent...
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From A(mazon) To Z(ynga): Loop Capital Breaks Down Trump Presidency Risk On Internet Stocks
Monday, November 14, 2016 - 10:55am | 960Read More...Loop Capital said a Trump presidency could exert near-term pressure on large-cap internet firms with heavy international exposure, while U.S. centric Internet businesses should be more immune. Stocks that could be effected include: Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL). Amazon.com, Inc. (...
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Adam Bain's Departure Is A Loss For Twitter
Thursday, November 10, 2016 - 1:08pm | 314Read More...Twitter Inc (NYSE: TWTR) announced on November 9 that its chief operations officer, Adam Bain, would be leaving the company. Loop Capital’s Blake Harper maintains a Hold rating on the company, with a price target of $16. Harper mentioned that Bain “is well regarded in the firm and in...
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2 Reasons Netflix Won't Enter The Sports Arena
Thursday, November 10, 2016 - 10:54am | 419Read More...Loop Capital Markets said in a note Thursday that Netflix, Inc. (NASDAQ: NFLX) is unlikely to take a plunge into the sports rights arena. The firm based its deduction two reasons. Netflix may not want to put itself in the same position Time Warner Inc (NYSE: TWX) and Walt Disney Co (NYSE:...
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Loop Capital Says Buy Bankrate As Credit Card Business Picks Up
Friday, November 4, 2016 - 3:40pm | 365Read More...Bankrate Inc (NYSE: RATE) delivered better-than-expected results for the third quarter and offered upbeat outlook for the rest of the year. Following this, the stock gained about 15 percent, as the brokerage house started reviewing the target prices and rating. Upgrade To Buy -Loop Capital For its...
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Groupon Gets A Discount On Living Social Deal
Thursday, October 27, 2016 - 12:25pm | 417Read More...Groupon Inc (NASDAQ: GRPN) shares plunged more than 19 percent as investors were disappointed with falling gross billings and the acquisition of loss-making Living Social. For the third quarter, the daily deals site reported lower-than-expected loss, with revenues and adjusted EBITDA topping...
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How The Street Responded To AT&T's Mega-Deal For Time Warner
Monday, October 24, 2016 - 2:11pm | 398Read More...There are at least two things most analysts covering telecomms share in respect to AT&T Inc. (NYSE: T)'s move to buy Time Warner Inc (NYSE: TWX). The first is about the challenges in getting the regulatory approval given the experience of Comcast Corporation (NASDAQ: CMCSA)–NBC deal....
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North America Leading Halliburton's Recovery As It Looks For Earnings Growth In The New Year
Thursday, October 20, 2016 - 10:36am | 353Read More...Halliburton Company (NYSE: HAL)’s Q3 earnings beat is yet another indicator that the company is well-positioned for a potential long-term recovery in the North American oil industry. In a new note, Loop Capital analyst Stephen Gengaro reiterates the firm’s Buy rating on Halliburton...
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Loop Capital Trims LendingTree Target Price On Mortgage Biz Concerns
Wednesday, October 12, 2016 - 10:35am | 361Read More...Loop Capital’s Blake Harper noted that “persistently low mortgage rates have lowered lender demand, who have seen more organic leads from their own customers.” Harper maintains a Buy rating on Lendingtree Inc (NASDAQ: TREE), while lowering the price target from $150 to $145. The...
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Chances Of A Twitter Buyout High, Odds Of A Premium To Current Price Not So Much -Loop Capital
Thursday, October 6, 2016 - 10:48am | 666Read More...Loop Capital believes that chances of Twitter Inc (NYSE: TWTR) getting a takeout bid are high, but it is unlikely the company will get a meaningfully premium to the current price. The reason cited is its relative valuation to faster growing peers and strained capacity of buyers — except...
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MeetMe's Preliminary Revenue Announcement Didn't Sit Well With The Street
Wednesday, October 5, 2016 - 12:00pm | 478Read More...Shares of MeetMe Inc (NASDAQ: MEET) are recovering after an 8 percent fall on Tuesday on the back of investor disappointment. The disgruntled investor sentiment revolved around the company's preliminary third-quarter revenue results, which are just below the midpoint of guidance. MeetMe announced...
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Why Cinemark Should Be Aggressively Bought At These Levels
Monday, October 3, 2016 - 10:26am | 294Read More...Loop Capital believes Cinemark Holdings, Inc. (NYSE: CNK) should be bought aggressively at these levels given strong Q3 box office performance. The brokerage maintained its Buy rating and $44 price target, which implies a potential upside of 15 percent. The brokerage said Cinemark trades at...
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Sell-Side Sentiment On Twitter Following Buyout Chatter Has Not Been Positive
Thursday, September 29, 2016 - 9:49am | 834Read More...It has now been almost a full week since CNBC's David Faber reported that Twitter Inc (NYSE: TWTR) is engaged in discussions with potential acquirers over a sale of itself. The initial report last Friday singled out salesforce.com, inc. (NYSE: CRM) and Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) as...
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Following Dividend Cut, Viacom Reaches A Fork In The Road
Wednesday, September 28, 2016 - 12:13pm | 433Read More...David Miller of Loop Capital has cut the price target of Hold-rated Viacom, Inc. (NASDAQ: VIAB) and presented three scenarios following the media conglomerate's dividend cut and tepid fourth-quarter outlook. Following are the three scenarios suggested by Miller: "VIAB levers up through its NAI...
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Loop Capital Downgrades Twitter To Sell, Meaningful Premium Unlikely
Wednesday, September 28, 2016 - 9:16am | 495Read More...Loop Capital has downgraded Twitter Inc (NYSE: TWTR) to Sell from Hold, saying that although the company may get acquisition offers, the price would not be that high. Further, the brokerage said the urgency of Twitter to sell itself indicates another disappointing earnings print could be in the...















