-
What The DoorDash S-1 Filing Means For Uber
Tuesday, November 17, 2020 - 9:50am | 402Read More...After months of anticipation, food delivery giant DoorDash officially filed its S-1 document on Friday ahead of its upcoming IPO. While the filing gave potential DoorDash investors their first glimpse into the company’s financials, Bank of America analyst Justin Post said it also contained...
-
3 Uber Analysts Talk Q3 Delivery Outperformance, Prop 22 Passage
Friday, November 6, 2020 - 2:52pm | 479Read More...Analysts were raising their price targets on Uber Friday after the company reported third-quarter earnings led by strong growth in the delivery segment. Uber Delivery The Standout: The delivery business for Uber Technologies (NYSE: UBER) reported 125% year-over-year revenue growth in the third...
-
Why BofA Is Raising Its Alphabet Price Target After Q3 Report
Friday, October 30, 2020 - 3:05pm | 260Read More...Alphabet Inc (NASDAQ: GOOGL) delivered a meaningful beat on all three fronts: Search, YouTube and Cloud, according to BofA Securities. The Alphabet Analyst: Justin Post maintained a Buy rating on Alphabet and raised the price target from $1,850 to $2,000. The Alphabet Thesis: The company...
-
Pinterest Rallies On Q3 Results, Analysts Say Platform Becoming An E-Commerce Play
Thursday, October 29, 2020 - 11:14am | 566Read More...Pinterest Inc (NYSE: PINS) shares were trading higher Thursday after the company reported better-than-expected third-quarter EPS and sales results. The platform saw an increase in users under the age of 25 and growth in search usage, suggesting that Pinterest is becoming an increasingly...
-
'Firing On All Cylinders': Analysts React To Snapchat's Huge Quarter
Wednesday, October 21, 2020 - 11:20am | 549Read More...Snap Inc (NYSE: SNAP) shares surged more than 30% on Wednesday after the company reported blowout third-quarter earnings numbers that signaled a significant rebound in online advertising spending in the second half of 2020. Snap reported adjusted EPS of 1 cent, exceeding analyst estimates of a...
-
BofA Upgrades Pinterest Following Blowout Snap Earnings
Wednesday, October 21, 2020 - 9:53am | 373Read More...Snap Inc (NASDAQ: SNAP) shares jumped more than 20% on Wednesday morning after the company reported much better earnings numbers than analysts had anticipated. While Snap investors cheered the big report, one said Snap’s advertising numbers are also very good news for Pinterest Inc (NYSE:...
-
Amazon Prime Day Takeaways: Best Two-Day Period Ever For Third-Party Sales
Friday, October 16, 2020 - 12:34pm | 265Read More...Amazon.com, Inc. (NASDAQ: AMZN) saw its largest two-day period for third-party sales when it hosted its Prime Day event on Tuesday and Wednesday. What Happened: Third-party gross merchandising value during Amazon's Prime Day event rose an estimated 60% from last year to $3.6 billion and...
-
Peloton's Upcoming Products Trigger Higher BofA Price Target
Thursday, October 15, 2020 - 2:36pm | 260Read More...Peloton Interactive Inc’s (NASDAQ: PTON) new factory, which is expected to commence operations in December, could double its production capacity, according to BofA Securities. The Peloton Interactive Analyst: Justin Post reiterated a Buy rating on Peloton Interactive and raised the price...
-
Google Adds 4 New Products To Hardware Line, But Search Prevails
Thursday, October 1, 2020 - 4:06pm | 315Read More...Alphabet Inc (NASDAQ: GOOGL) hosted its “Launch Night In” event on Wednesday and announced four new additions to its hardware line including two new Pixel smartphones, a new Chromecast, and Nest Audio market speaker. With many leaks preceding the event, Google’s product...
-
Analyst Hosts Uber Bull Vs. Bear Debate Ahead Of Critical Prop 22 Vote
Thursday, October 1, 2020 - 1:50pm | 472Read More...Uber Technologies Inc (NYSE: UBER) shares have been on a roller coaster ride in 2020, including the month of September. Bank of America analyst Justin Post recently conducted an Uber bull/bear debate among some of the firm’s clients, and he outlined the key takeaways that all Uber investors...
-
Uber Regains London Operating License: What It Means For Investors
Tuesday, September 29, 2020 - 12:53pm | 373Read More...Uber Technologies (NYSE: UBER) has been granted a new license to operate in London after a judge upheld the ride-hailing company’s appeal against Transport for London. The Uber Analyst: BofA Securities analyst Justin Post maintains a Buy rating on Uber with a $44 price target....
-
DOJ's Investigation Of Google 'Important' For Stock, BofA Says
Wednesday, September 23, 2020 - 5:26pm | 568Read More...The U.S. Department of Justice is reportedly set on filing an antitrust lawsuit against Google, and the focus of the investigation is "important" for Alphabet Inc's (NASDAQ: GOOG) (NASDAQ: GOOGL) stock, according to BofA Securities. The Alphabet Analyst: Justin Post maintains a Buy...
-
What Uber, Lyft Investors Should Know About Proposed New Federal Employment Rule
Wednesday, September 23, 2020 - 11:11am | 495Read More...Uber Technologies Inc (NYSE: UBER), LYFT Inc (NASDAQ: LYFT) and other gig economy employers in California have a lot riding on the November election, when voters will have a chance to weigh in on Proposition 22. The ballot question would exclude these companies from new state laws requiring...
-
Facebook Analyst Expects 'Pragmatic' Solution To EU Data Transfer Challenges
Tuesday, September 22, 2020 - 2:38pm | 253Read More...The Irish Data Protection Commission has commenced an inquiry into Facebook, Inc’s (NASDAQ: FB) data transfers between the U.S. and the European Union for its flagship social platform as well as Instagram. If the company temporarily suspends services in the EU, which is highly unlikely, 410...
-
Facebook Is Serious About AR, VR, Analyst Says After Connect Conference
Thursday, September 17, 2020 - 1:44pm | 434Read More...Social media giant Facebook, Inc. (NASDAQ: FB) hosted its Facebook Connect Conference Wednesday to outline the next steps in the company's long-term push toward augmented and virtual reality technology, according to BofA Securities. The Facebook Analyst: Justin Post maintains a Buy...
















