Mark May

Shares of Yelp (NYSE: YELP) are up three percent to $64.90 in Wednesday's pre-market trading after being upgraded by Citigroup from Neutral to Buy. Analyst Mark May's upgrade is based on five reasons: Recent technical pullback “creates a buying opportunity.” Confident in near to long-term...

On Thursday, Citigroup upgraded shares of OpenTable (NASDAQ: OPEN) from Neutral to Buy and raised the price target from $74 to $90. Analyst Mark May sees an increase in seated diners and restaurants, which “point to slight upside to 1Q14 forecasts and to continued >30% Y/Y growth in seated...

In a note released Tuesday, Citigroup analyst Mark May reiterated the firm's Buy rating on Facebook (NASDAQ: FB) and raised the price target from $70 to $85. In raising the price target May looked to three key points: the WhatsApp acquisition, ads on Instagram, and video ads on Facebook....

In a report published Thursday, Citi Research analyst Mark May reiterated a Buy rating on Yahoo! (NASDAQ: YHOO) noting the Buying opportunity on current share valuation. May noted that the 5% pullback in shares following Yahoo's fourth quarter earnings creates a buying opportunity as the current...

Tuesday morning reports by Citigroup includes analyst Mark May's upgrade of OpenTable (NASDAQ: OPEN) from Sell to Neutral, upping price target from $68 to $74. The reports states that there are several reasons for the upgrade: in-line results for 4Q13 with good projections for 1Q14, less chance of...

Citigroup analyst Mark May reported that LinkedIn's (NYSE: LNKD) “best case scenario” for 4Q hiring solutions revenue is in-line with consensus. Citigroup's tracker data historically correlates with the hiring solutions segment revenue. May noted that recent marketing solutions enhancements may...

Citi Research analyst Mark May raised the price target on Yahoo! (NASDAQ: YHOO) from $39.00 to $46.00 after re-evaluating the model. May made four adjustments to the model. Citi "1) increased our CY14 opex to better reflect mgmt's 3Q13 commentary; 2) raised our target P/E multiple for Alibaba...

In a report published Wednesday, Citigroup analyst Mark May reiterated a Neutral rating on Netflix (NASDAQ: NFLX), and raised the price target from $355.00 to $390.00. In the report, Citigroup noted, “As discussed in detail in ‘TV is Dead. Long Live TV.', Citi's global media team established a...

In a report published Monday, Citigroup analyst Mark May reiterated a Buy rating on Google (NASDAQ: GOOG), and raised the price target from $1,025.00 to $1,190.00. In the report, Citigroup noted, “While all of the focus has been on Facebook's mobile app install business, we believe investors under...

In a report published Thursday, Citigroup analyst Mark May reiterated a Buy rating on YuMe (NYSE: YUME), but lowered the price target from $11.00 to $10.00. In the report, Citigroup noted, “YuMe reported a strong 3Q13 with results that topped expectations across the board—despite heightened...

In a report published Friday, Citigroup analyst Mark May reiterated a Buy rating and $57.00 price target on Facebook (NASDAQ: FB). In the report, Citigroup noted, “Cautious investors often cite Facebook's recent stock run and valuation, or the ad load headwind, but the key question should be: what...

In a report published Tuesday, Citigroup analyst Mark May upgraded the rating on Facebook (NASDAQ: FB) from Neutral to Buy, and raised the price target from $32.00 to $55.00. In the report, Citigroup noted, “When we initiated we were concerned that the rapid shift in usage from desktop to mobile...

In a report published Friday, Citigroup analyst Mark May reiterated a Buy rating on eBay (NASDAQ: EBAY), but lowered the price target from $65.00 to $64.00. In the report, Citigroup noted, “Based on our recent investor conversations, it was clear heading into this report that investors felt 2H...

In a report published Wednesday, Citigroup analyst Mark May reiterated a Buy rating on Yahoo! (NASDAQ: YHOO), and raised the price target from $30.00 to $31.00. In the report, Citigroup noted, “Like many recent quarters, Yahoo!'s earnings report included puts and takes, but we believe the net...