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Analysts: Match Spinoff Should Be Good For IAC
Tuesday, October 15, 2019 - 1:05pm | 492Read More...Sell-side analysts like the prospects for IAC/InterActiveCorp (NASDAQ: IAC) if it sheds subsidiary Match Group Inc. (NASDAQ: MTCH). IAC said Friday it is proposing to spin off its interest in Match, which owns several online dating sites, including Match.com and Tinder, to IAC shareholders....
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BofA: Weakness In Match Group Shares On FTC Suit A Buying Opportunity
Thursday, September 26, 2019 - 4:26pm | 505Read More...Shares of Match Group Inc (NASDAQ: MTCH), the owner of dating services Match.com and Tinder, among others, came under selling pressure Wednesday following the revelation the FTC is suing the company for allegedly using fake profiles to draw in subscribers for Match.com. One analyst at Bank of...
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Bank Of America Downgrades EverQuote On Valuation Concerns
Tuesday, September 17, 2019 - 2:17pm | 330Read More...Although the fundamentals of EverQuote Inc’s (NASDAQ: EVER) underlying business and long-term growth potential remain positive, the strong rally in the stock calls for a downgrade, according to Bank of America. The Analyst BofA’s Nat Schindler downgraded EverQuote from Buy to...
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Analyst: Comparing Apple TV+ With Netflix Isn't Fair
Wednesday, September 11, 2019 - 9:10am | 345Read More...Apple Inc. (NASDAQ: AAPL) detailed Tuesday its new streaming video subscription platform called Apple TV+ and it's now clear it's "simply not comparable" to Netflix Inc (NASDAQ: NFLX), according to Bank of America. The Analyst Bank of America analyst Nat Schindler maintains a Buy...
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These Analysts Remain Carvana Bulls After Strong Q2
Thursday, August 8, 2019 - 3:54pm | 397Read More...Carvana Co (NYSE: CVNA) reported Wednesday second-quarter results, which prompted two analysts to reaffirm a bullish stance on the online platform for consumers to buy and sell used cars. The Analyst Bank of America's Nat Schindler maintains a Buy rating on Carvana with a price target lifted...
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Match Group Turns In Strong Quarter With Tinder, Overseas Success
Thursday, August 8, 2019 - 3:40pm | 566Read More...Match Group, Inc. (NASDAQ: MTCH) had an attractive-looking quarter, but analysts weren’t quite ready to swipe right. Match had a solid beat with positive Tinder trends driving top-line year over year growth of 18%. Tinder use growth was up by 46% over the same quarter last year as customers...
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Is Chewy Stock Man's Best Friend Or A Pest? The Street Debates
Tuesday, July 9, 2019 - 12:52pm | 819Read More...Online pet products retailer Chewy, Inc. (NYSE: CHWY) began trading in mid-June and the analyst IPO quiet period has lifted. Is the stock is man's best friend or a pest? The Analysts Wells Fargo's Brian Fitzgerald initiated coverage of Chewy with an Outperform rating and $40 price...
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Analysts: Amazon's Exit From Restaurant Delivery Implies Less Competition For Grubhub
Wednesday, June 12, 2019 - 2:31pm | 517Read More...E-commerce giant Amazon.com, Inc. (NASDAQ: AMZN) is terminating its U.S. restaurant delivery service June 24, which implies an easier competitive environment for food delivery companies like GrubHub Inc (NYSE: GRUB). The Analysts Bank of America Merrill Lynch's Nat Schindler maintained...
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Wix Reports Q1 Results: 4 Sell-Side Takes
Friday, May 17, 2019 - 2:53pm | 568Read More...The web development platform Wix.Com Ltd (NASDAQ: WIX)'s near-term cash strategy may put off investors as it spends money to boost collections — but the payoff should be worth it, sell-side analysts said Friday. Wix reported revenue of $174 million Thursday, just beating the...
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2 Analysts Turn Incrementally Bullish On IAC InterActive
Friday, May 10, 2019 - 3:24pm | 497Read More...IAC/InterActiveCorp (NASDAQ: IAC) reported Thursday first-quarter results that were mostly in-line with expectations and prompted at least two analysts to turn incrementally bullish on the stock. Bank of America's Nat Schindler maintains a Buy rating on IAC InterActive with a price target...
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Zillow's New Homes Business Drives Big Revenue Jump, Pushes Stock Higher
Friday, May 10, 2019 - 1:26pm | 597Read More...Zillow Group Inc (NASDAQ: ZG) shares soared Friday after reporting a big jump in revenue from its new business in buying and selling homes, but the stock was offering better upside than the houses themselves. Despite the new Homes segment helping drive revenue growth, it also was pushing Zillow...
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Bank Of America Thinks Netflix Will Be Just Fine Following Apple TV+ Entrance
Tuesday, March 26, 2019 - 11:12am | 427Read More...Apple Inc. (NASDAQ: AAPL) will enter the streaming video space and Netflix, Inc. (NASDAQ: NFLX) investors have little reason to be concerned, according to Bank Of America. The Analyst Bank of America's Nat Schindler maintains a Buy rating on Netflix with an unchanged $450 price target. The...
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TripAdvisor Announces Mixed Q4 Results, Discouraging 2019 Guidance: 2 Bear Analysts React
Wednesday, February 13, 2019 - 11:42am | 428Read More...Although TripAdvisor Inc (NASDAQ: TRIP) reported a fourth-quarter EBITDA beat Tuesday, this was driven by a decline in ad spend. Two sell-side analysts found the downside in core hotel revenues, with declining monthly unique hotel shoppers, to be cause for concern. The Analysts...
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What Wall Street Thinks About GrubHub's Mixed Quarter
Friday, February 8, 2019 - 11:08am | 632Read More...GrubHub, Inc. (NYSE: GRUB) went on a wild ride Thursday after the company reported a seemingly disappointing quarter, including an earnings miss and below-consensus guidance. After a huge initial sell-off, the stock recovered most of its losses and was trading higher Friday morning. Investors may...
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The Street Stays Bullish On Netflix Following Q4 Earnings
Friday, January 18, 2019 - 10:40am | 1042Read More...Streaming video giant Netflix, Inc. (NASDAQ: NFLX) reported its fourth-quarter results highlighted by an earnings beat and a slight revenue miss, while domestic and international subscriber additions came in better than expected. The company guided its first-quarter EPS and revenue to be 56 cents...
















