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Citi Downgrades Netflix, Says It's Hard To Top The 'Raging Bull'
Thursday, June 25, 2015 - 9:31am | 325Read More...In a report published Thursday, Citi analyst Mark May downgraded the rating on Netflix, Inc. (NASDAQ: NFLX) from Buy to Neutral, with a $722 price target. The share price has risen 99 percent year-to-date, although more signs of traction might be required in the recently launched markets before...
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Godaddy Gains On Raft Of Favorable Coverage
Monday, May 11, 2015 - 12:58pm | 272Read More...Godaddy Inc (NYSE: GDDY) shares gained Monday as a raft of analysts launched mostly favorable coverage on the Web hosting company. The Scottsdale, Arizona-based company is off more than 1 percent since going public last month, but traded Monday at $25.90, up 4 percent. With roughly three-quarters...
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Wall Street Is Watching The News At These 3 Internet Giants
Monday, April 20, 2015 - 8:56am | 845Read More...From lawsuits to mergers, Internet stocks were busy last week. Find out what analysts are saying about 3 of the most popular Internet stocks: Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) The European Union formally accused Google of antitrust violations, claiming the search engine favors its own...
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Do Instagram And WhatsApp Make Facebook Stock A Buy?
Wednesday, April 8, 2015 - 12:09pm | 452Read More...Shares of social media giant Facebook Inc (NASDAQ: FB) shot up about $0.90 in trading on Friday, April 3 after Citigroup analyst Mark May reiterated a Buy rating on the stock and raised his price target from $91 to $97. The analyst reasoned his bullish rating on Facebook’s revenue...
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Citi Raises Amazon PT, Cites New Strategies For International Growth
Friday, March 27, 2015 - 9:09am | 200Read More...Citi issued a report on Friday after reports that Amazon.com, Inc. (NASDAQ: AMZN) is expected to provide a historical trend schedule prior to the first quarter 2015 earnings report. Credit Suisse raised Amazon's price target from $405 to $430 and maintained a Buy rating. Analysts Mark May, Kenneth...
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Citigroup Deep Dives Into Google, Says Company Is An 'Enigma'
Friday, March 6, 2015 - 10:33am | 394Read More...In a report published Friday, Citigroup analyst Mark May commented that Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) has become an "enigma" among investors as it "arguably remains among the most important companies." May offered a "deep dive" analysis into six key...
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Attention Yahoo Investors: Alibaba Just Made Citi Analysts Change Their Mind About This
Thursday, February 5, 2015 - 10:39am | 275Read More...Want an edge on trading Yahoo? Try this. Get real-time trading picks from market-beating experts like the Steady Trader. Citi Equity Research on Wednesday lowered Yahoo! Inc.'s (NASDAQ: YHOO) price target from $60 to $56 due to the recent selloff of shares of Alibaba Group...
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Citigroup Sees Yahoo Returning To Growth
Monday, January 26, 2015 - 9:58am | 195Read More...In a report published Monday, Citigroup analyst Mark May reiterated a Buy rating and $63.00 price target on Yahoo! Inc. (NASDAQ: YHOO). In the report, Citigroup noted, “As Yahoo! is expected to soon shed more light on the spin-off of its stake in BABA and as that spin-off likely occurs in 2H15, the...
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Citi's Mark May Explains His Upgrade Of Amazon
Wednesday, January 14, 2015 - 11:15am | 321Read More...Citi’s Internet analyst Mark May upgraded Amazon.com, Inc. (NASDAQ: AMZN) on Tuesday to Buy from Neutral and also upped his price target on the stock to $354. In a note titled ‘The Sun Will Come Out Tomorrow’ that May sent to investors, he argued Amazon’s stable...
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Amazon Moves Up Amid Positive Comments At Goldman Sachs, Upgrade At Citigroup
Tuesday, January 13, 2015 - 10:22am | 169Read More...Shares of Amazon.com, Inc. (NASDAQ: AMZN) climbed higher in Tuesday’s premarket amid positive comments from Goldman Sachs and Citigroup. At Goldman Sachs, Amazon was listed as part of 25 tactical trade ideas for options ahead of earnings. Buying calls was recommended due to volatility...
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UPDATE: Citigroup Upgrades Amazon On Multiple Positive Factors
Tuesday, January 13, 2015 - 10:09am | 161Read More...In a report published Tuesday, Citigroup analyst Mark May upgraded the rating on Amazon.com, Inc. (NASDAQ: AMZN) from Neutral to Buy, and raised the price target from $325.00 to $354.00. In the report, Citigroup noted, “We are upgrading Amazon to Buy for three main reasons: 1) We believe Amazon's...
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Analysts Bullish On Facebook Heading Into 2015
Monday, December 29, 2014 - 5:09pm | 496Read More...Heading into 2015, shares of Facebook Inc (NASDAQ: FB) are up over 46 percent year-to-date and analysts were largely bullish on the stock as of December. According to Wedbush, out of 57 analysts surveyed, 48 rated the stock a Buy, eight rated it Hold and only one rated it Sell. Below are...
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Citi Raises Price Target On Facebook, Says Instagram Is Worth $35 Billion
Friday, December 19, 2014 - 4:42pm | 209Read More...Citi raised its price target on Facebook Inc (NASDAQ: FB) Friday from $86 to $91 and maintained a Buy rating. Analysts led by Mark May raised the target price “On the heels of Instagram’s announcement last week that it had reached more than 300mn users, we examine its potential...
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Citigroup: Google's Exposure To Apple's Safari 'Priced In'
Thursday, December 11, 2014 - 9:48am | 296Read More...Mark May of Citigroup commented in a note on Thursday that Google Inc's (NASDAQ: GOOG) potential loss of being the default search agreement on Apple Inc.'s (NASDAQ: AAPL) mobile Safari browser represents a “a near-term and quantifiable risk.” “We estimate that Google...
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Citigroup On Netflix: Waiting For The Blurry Picture To Come Into Focus
Tuesday, November 25, 2014 - 1:58pm | 195Read More...Mark May of Citigroup commented in a note to clients on Tuesday that shares of Netflix, Inc. (NASDAQ: NFLX) have significant upside, but under a few conditions. May notes that he first needs confirmation that the deceleration in domestic subscriber growth in the third quarter is “not a new trend-...
