Mark May

Citi downgraded TubeMogul Inc (NASDAQ: TUBE) Monday from Buy to Neutral and raised its price target from $13 to $19. Analysts led by Mark May noted that TubeMogul reported strong Q3 results, "as Spend, Revenue, Gross Profit, EBITDA, and margins were all well above our estimates and...

On Monday, analysts at Citi Research offered commentary on shares of Yahoo! Inc. (NASDAQ: YHOO) and reiterated the Buy rating and $63 price target. Citi analysts view shares of Yahoo as “our best idea” and feel shares currently trade at a 37 percent discount to Alibaba Group Holding...

LinkedIn Corp (NYSE: LNKD) reported a mostly in-line third quarter results on Thursday after market close, resulting in analysts at Citigroup reiterating a Neutral rating based on valuation issues with a price target raised to $206 from a previous $188. "LinkedIn reported third quarter...

Mark May of Citigroup resumed coverage of Yahoo! Inc. (NASDAQ: YHOO) on Wednesday with a Buy rating and $63 price target due to fundamental and event driven reasons. From the fundamental point of view, the analyst notes that shares at $45 reflect the following: 1. Alibaba Group Holding Ltd...

Twitter Inc (NYSE: TWTR) is scheduled to announce Q3 2014 earnings after the market close on Monday. Analysts largely estimated revenue to come in at $351 million, with the range being $332 million to $378 million. The average EBITDA estimate was close to $53 million.   EPS...

Citi initiated coverage on Twitter Inc. (NYSE: TWTR) Tuesday with a Neutral rating and $53 price target. Analyst Mark May noted that while the company "has many of the attractive growth characteristics we like, we believe it’s current valuation already reflects long-term bull-case...

Citi issued a research report that claimed to debunk "the monetization myth" surrounding Facebook Inc (NASDAQ: FB). Analyst Mark May noted that "recent reports have suggested that Facebook’s (FB) monetization (i.e., ad revenue per user) is materially greater than...

Another quarterly report for Amazon (NASDAQ: AMZN), another sell-off. Shares were off more than 10 percent Friday after the company posted a net loss wider than expectations. Similar sell-offs accompanied reports in April and January, when Slate.com dubbed Amazon CEO Jeff Bezos "The...

Netflix Inc. (NASDAQ: NFLX) was down more than 5 percent Tuesday while another analyst expressed skepticism on the shares' value. Citibank's Mark May maintained a Neutral rating on the stock and said its valuation "reflects the positive thesis surrounding U.S. and international subscriber...

In a report released Tuesday, Citigroup analyst Mark May downgraded Amazon (NASDAQ: AMZN) from Buy to Neutral and decreased the price target from $414 to $395. The Citigroup analyst stated Amazon's AWS price cut on April 1, 2014 led to 2Q14 margin decline. Amazon's CSOI margins are...

eBay's (NASDAQ: EBAY) glass is a little more than half-full in the aggregate view of more than a half-dozen analysts Thursday. Although many trimmed their targets on the basis of management's guidance Wednesday; the company's second-quarter earnings and conference call changed...

In a note released Friday, Citi analyst Mark May reiterated his Buy rating on Google (NASDAQ: GOOG) and raised the price target from $686 to $675. May explained the increase in his price target comes amid checks with leading search marketing companies that suggest Google's business slightly...

In a note released Friday, Citigroup analyst Mark May explained why he believes "investors should consider the recent pullback in Amazon as an opportunity to buy one of the Internet sector's blue-chips." May noted that, due to the 27 percent pullback since January 22, shares of Amazon (NASDAQ:...