-
Twitter Spikes 20% After David Faber Reports New Buyout Chatter
Friday, September 23, 2016 - 9:27am | 275Read More...Twitter Inc (NASDAQ: TWTR)'s investors woke up on Friday to find the stock trading lower by more than 3 percent following a concerning report from RBC Capital Markets. The analysts downgraded Twitter to Underperform from Sector Perform and slashed its price target to $14 from a previous $17...
-
Priceline Remains One Of The Best Internet Large Caps
Friday, August 5, 2016 - 11:35am | 391Read More...Priceline Group Inc (NASDAQ: PCLN) is trading higher by more than 5 percent Friday, within striking distance of the stock's 52-week high of $1,476.52. Priceline's stock reacted to Thursday's earnings report in which the company earned $13.90 per share in the second quarter on...
-
If Anything, Twitter Just Lost A Potential Buyer
Monday, June 13, 2016 - 11:55am | 274Read More...Analysts and investors have been debating for quite some time if Twitter Inc (NYSE: TWTR) will ever sell itself to a larger internet peer or strategic buyer. According to RBC Capital Markets' Mark Mahaney, this debate could continue but investors can at least scratch Microsoft Corporation (...
-
RBC's Mark Mahaney Says Amazon Is 'The Best Revenue Mix Shift Story In Tech Today'
Friday, June 3, 2016 - 1:38pm | 260Read More...RBC Capital Management's lead internet analyst Mark Mahaney was a guest on CNBC's "Squawk Alley" segment to talk about Amazon.com, Inc. (NASDAQ: AMZN)'s next leg of growth. Mahaney started off by stating that he sees several different "potential pillars" of...
-
Mahaney: Facebook Is Google 10 Years Ago
Thursday, January 28, 2016 - 4:35pm | 260Read More...Mark Mahaney, an analyst with RBC Capital Markets, was a guest on CNBC's Squawk On The Streetto offer his opinion on Facebook Inc (NASDAQ: FB)'s impressive earnings results. Mahaney noted that a shift of TV budget spend is only beginning to migrate to online players, such as Facebook. "One of the...
-
Wall Street, Bob Peck At Odds Over Pandora
Friday, October 23, 2015 - 11:21am | 735Read More...Shares of Pandora Media Inc (NYSE: P) plunged to a new 52-week low on Friday of $11.50 and is now lower by nearly 45 percent from a year ago. Pandora reported an in-line third quarter, but lowered its full year revenue and EBITDA guidance and also announced a $90 million settlement....
-
Notable Internet Analyst Reiterates Outperform On Netflix Following 20% Correction; Price Target Up To $140
Wednesday, August 26, 2015 - 9:21am | 658Read More...Shares of Netflix, Inc. (NASDAQ: NFLX) jumped higher by more than 4 percent in Wednesday's pre-market session following the release of a bullish report by a notable Internet analyst. Mark Mahaney of RBC Capital Markets commented in a note that Netflix has achieved a "level of...
-
RBC's Mark Mahaney Feels Google Is A Better Pick Than Facebook Right Now
Saturday, August 15, 2015 - 6:19pm | 387Read More...With the second-quarter tech earnings season almost over, RBC Capital Markets' Mark Mahaney came out with his quarterly review of technology stock. Mahaney was on CNBC recently to discuss his current favorite picks in the sector, which still includes Amazon.com, Inc. (NASDAQ: AMZN) on the top...
-
Mark Mahaney On Google's Reorganization: 'More Of A Modest Catalyst Than A Major Catalyst'
Tuesday, August 11, 2015 - 2:37pm | 360Read More...RBC Capital Market Internet analyst Mark Mahaney was on CNBC Tuesday to discuss Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s reorganization of its business into a new umbrella company Alphabet Inc. Indicates More Transparency "We look at this as more of a modest catalyst than a...
-
Mark Mahaney Lays Down The Biggest Challenge Netflix Faces To Keep The Uptrend Alive
Wednesday, August 5, 2015 - 3:21pm | 359Read More...Shares of Netflix, Inc. (NASDAQ: NFLX) have had a rise of more than 25 percent since the company released its second-quarter earnings on July 15. However, the company faces big obstacles and challenges in the near future that can put an end to this rise. Mark Mahaney, RBC Capital Markets lead...
-
Mark Mahaney: Facebook 'May Retrace Shortly Here,' But Negligible Chance Of Stock Slumping
Thursday, July 30, 2015 - 3:13pm | 332Read More...Mark Mahaney, RBC Capital Markets Internet analyst, was on CNBC to explain why one shouldn't be worried about Facebook Inc (NASDAQ: FB)'s rising expenses and why there is little chance of the company's shares going lower from here. Expenses Not A Concern "Well, I guess...
-
Mark Mahaney Thinks Twitter Has Hit A Wall
Wednesday, July 29, 2015 - 9:29am | 311Read More...In a report published Wednesday, RBC Capital analyst Mark Mahaney maintained a Sector Perform rating on Twitter Inc (NYSE: TWTR), while lowering the price target from $47 to $41. Although the Q2 results beat the estimates, the analyst believes that trends are deteriorating. "TWTR...
-
Mark Mahaney: 'Yahoo Is Not A Turnaround Story Until The Cash Flow Improves'
Wednesday, July 22, 2015 - 3:15pm | 326Read More...Though Yahoo! Inc. (NASDAQ: YHOO) exhibited good growth in mobile revenue, but the decrease in search business was a dampener when the company declared its second-quarter results on Tuesday. EPS for the quarter at $0.16 came below analysts' expectations of $0.18. Mark Mahaney, RBC Capital...
-
What The Street Is Saying Ahead Of Yahoo's Earnings
Monday, July 20, 2015 - 12:56pm | 725Read More...Yahoo! Inc. (NASDAQ: YHOO) is scheduled to release its Q2 earnings on Tuesday. The company's past few days have been action-packed, not least due to the announcement of a long-anticipated spin-off of its 15 percent stake in Alibaba Group Holding Ltd (NYSE: BABA). Experts from around the...
-
Mark Mahaney: Google's Revenue Growth Was Very Consistent
Friday, July 17, 2015 - 10:03am | 361Read More...Following Google Inc (NASDAQ: GOOGL) (NASDAQ: GOOG)'s second quarter earnings beat, RBC Capital analyst Mark Mahaney raised his price target on the stock to $750 from $640. Mahaney was on CNBC to weigh in on the earnings and share his outlook for the stock. Managing Costs Better: The...
