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Facebook Is More Than Just A Social Network; Axiom Says Shares Are Worth $150
Monday, April 4, 2016 - 9:39am | 381Read More...Axiom’s Victor Anthony believes that Facebook Inc (NASDAQ: FB) is becoming “the world’s largest communications and entertainment platform,” and that the stock therefore deserves to trade at a premium. The analyst maintained a Buy rating on the company, while raising the...
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Does Pandora's CEO Swap Matter?
Monday, March 28, 2016 - 5:57pm | 355Read More...Shares of Pandora Media Inc (NYSE: P) fell more than 12 percent, a sign that investors don't seem to be delighted on the return of founder Tim Westergren as CEO in place of Brian McAndrews, who is leaving the company. "We see the founder's return as a tacit admission that Pandora...
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Wall Street Unsure What New Shutterfly CEO Means For M&A Chatter
Friday, March 18, 2016 - 10:00am | 310Read More...Axiom’s Victor Anthony maintained a Buy rating for Shutterfly, Inc. (NASDAQ: SFLY), with a price target of $51, after the company announced the appointment of a new CEO. Shutterfly announced the appointment of Christopher North as its new CEO effective May 31, 2016. North comes with ten...
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Shutterfly Hired An Amazon Exec As Its New CEO; Good Move?
Friday, March 18, 2016 - 8:46am | 450Read More...Digital imaging company Shutterfly, Inc. (NASDAQ: SFLY) has named Amazon.com, Inc. (NASDAQ: AMZN) veteran Christopher North as president and chief executive officer, effective May 31, 2016. According to Shutterfly, North hails from Amazon UK, where he has worked since 2006, serving as the UK...
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Would Amazon Buy Lionsgate? These Analysts Aren't Convinced
Wednesday, February 24, 2016 - 2:37pm | 338Read More...Lions Gate Entertainment Corp. (USA) (NYSE: LGF) surged more than 5 percent on Wednesday following unconfirmed reports that Amazon.com, Inc. (NASDAQ: AMZN) is evaluating a bid to acquire the movie and TV producer and distributor. Speaking to Benzinga, Victor Anthony of Axiom Capital suggested...
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Axiom Calls eBay An Attractive Internet Value Play
Tuesday, February 16, 2016 - 8:30am | 306Read More...eBay Inc (NASDAQ: EBAY) shares have lost 11 percent since January 19. Axiom’s Victor Anthony maintained a Buy rating for the company, while reducing the price target from $34 to $30. Stabilization of Core eBay, high FCF yield, share buybacks and the stock’s low multiple result...
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Axiom's Anthony: Twitter Inc Must Up User Growth, But Google M&A Possible If Stock Stays Depressed
Wednesday, February 10, 2016 - 1:05pm | 386Read More...The most important metric for Twitter Inc (NYSE: TWTR) shareholders might not be on the income statement. "Twitter needs to re-accelerate user growth," Axiom's Victor Anthony told CNBC on Wednesday. Anthony has a Buy-equivalent rating on the stock, and has a price target that implies...
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Axiom Maintains A Buy On LinkedIn, Cites Strong Topline Growth Of Core Talent Solutions Business
Friday, February 5, 2016 - 9:29am | 302Read More...Shares of LinkedIn Corp (NYSE: LNKD) have declined 23.87 percent over the past three months, to a low of $188.03 on January 27. Axiom’s Victor Anthony has maintained a Buy rating on the company, while lowering the price target from $285 to $210. Calling the market reaction to the...
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Yahoo To Weigh Strategic Options; Analyst Says 'They Need To Sell'
Tuesday, February 2, 2016 - 4:51pm | 218Read More...Shares of Yahoo! Inc. (NASDAQ: YHOO) were volatile late Tuesday afternoon, as the stock jumped from a low of $28.13 to a high of $30.23. The cause for this spike was a Dow Jones report that the company was exploring "strategic alternatives" after the market close. When contacted by...
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Axiom's Victor Anthony Raises Alphabet Price Target To $1,001
Tuesday, February 2, 2016 - 9:03am | 296Read More...Shares of Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) have appreciated 43.39 percent over the past year, to a high of $793.96 on December 29. Axiom’s Victor Anthony has maintained a Buy rating on the company, while raising the price target from to $1,001 (although this is just a $1...
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Axiom's Victor Anthony Initiates XO Group With A Buy, $21 Target
Monday, January 4, 2016 - 9:58am | 277Read More...XO Group Inc (NYSE: XOXO) shares have appreciated 13.18 percent in the last three months, from $14.19 on October 2, 2015. Axiom’s Victor Anthony has initiated coverage of the company with a Buy rating and price target of $21. The company’s new management has been able to...
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Axiom: Time To Buy Match Group's 20%
Monday, November 23, 2015 - 10:21am | 270Read More...Shares of Match Group Inc (NASDAQ: MTCH) are up 16 percent since their debut on November 19. Axiom’s Victor Anthony initiated coverage of the company with a Buy rating and a price target of $18. The company’s shares trade at a discount to the internet peer group and have a...
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Do Analysts Like Pandora's Rdio Acquisition?
Tuesday, November 17, 2015 - 12:42pm | 521Read More...Shares of Pandora Media Inc (NYSE: P) have fallen sharply from its 52-week high of $22.60 in early October and are now lower by nearly 35 percent over the past month. Pandora said it will pay $75 million to acquire the assets of bankrupt Rdio. Axiom's Victor Anthony suggested that...
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2 Out Of Favor E-Commerce Stocks This Analyst Is Buying
Tuesday, November 17, 2015 - 11:59am | 583Read More...eBay Inc (NASDAQ: EBAY) shares are down 52 percent in the last six months, while shares of Shutterfly, Inc. (NASDAQ: SFLY) have declined 6 percent in the same period. Axiom’s Victor Anthony maintained a Buy rating on the companies, with price targets of $34 for eBay and $52 for...
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Home Shopping Stocks Fall Amid Speculation Of Amazon Fire's Entrance Into E-Commerce
Thursday, October 29, 2015 - 2:11pm | 414Read More...GeekWire reported that Amazon.com, Inc. (NASDAQ: AMZN) has "quietly" rolled out an e-commerce functionality on its Fire TV devices, which may lead to a full scale shopping channel. The report added that a "source with knowledge of the situation" confirmed the experiment has been performing above...
