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Amazon Prime A Top Force Driving Retail Disruption
Friday, May 19, 2017 - 8:56am | 508Loop Capital Markets has reiterated its Buy rating and $1,100 price target on Amazon.com, Inc. (NASDAQ: AMZN) following the completion of a Prime user survey the firm conducted. Research analysts Blake Harper and Anthony Chukumba surveyed over 500 Prime members in order to better understand Amazon'...
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What To Make Of Meet Group's 'Conservative' Guidance
Tuesday, May 9, 2017 - 10:31am | 403Shares of Meet Group Inc (NASDAQ: MEET) plunged more than 12 percent on Wednesday in reaction to the company's first quarter report and an outlook that analysts at Loop Capital Markets described as conservative. Loop Capital's Blake Harper maintains a Buy rating on Meet Group's stock with an...
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Etsy's New Roster Of Execs, Potential Activist Shareholder Campaign Shake Things Up
Wednesday, May 3, 2017 - 9:28am | 460Etsy Inc (NASDAQ: ETSY)'s earnings report on Tuesday was event-filled, but not necessarily for the better as shares were trading lower by more than 11 percent Wednesday morning. Etsy reported earnings per share of $0.00 on revenue of $96.891 million, which fell short of the one cent per share...
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At This Point, IAC Offer Is A Good Outcome For Angie's List Holders
Wednesday, May 3, 2017 - 6:12am | 598Following IAC/InterActiveCorp (NASDAQ: IAC)'s announcement concerning the reverse merger of its HomeAdvisor unit with Angie's List Inc (NASDAQ: ANGI), Loop Capital Markets hailed it as a good outcome for Angie shareholders at this point. The Deal Analyst Blake Harper noted that Angie...
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Expect Twitter's Top-Line To Continue Its Decline This Year
Thursday, April 27, 2017 - 2:16pm | 528Twitter Inc (NYSE: TWTR)'s first quarter earnings report contained a mix bag of good and bad metrics. On the positive front, Twitter impressed investors with strong user engagement growth. On the other hand, Twitter failed to translate the increased engagement in user activity to revenue as...
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Sell-Side Expectations For Amazon, Twitter And Other Internet Earnings This Week
Monday, April 24, 2017 - 2:04pm | 846Internet companies, which have seen a decent run-up thus far this year, are staring at another catalyst that could make or break the rally. That catalyst? Earnings. The First Trust DJ Internet Index Fund (ETF) (NYSE: FDN) has gained 12.16 percent thus far this year on top of the 10.37 percent...
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Facebook And Its Many Imitations – Taking The Shortcut to Success?
Sunday, April 23, 2017 - 12:06pm | 521Imitation is the best form of flattery. Facebook Inc (NASDAQ: FB) seems to have given enough reasons for a few of its smaller brethren opportunities to feel flattered. Loop Capital Markets in a note released Wednesday highlighted some of the features Facebook, specifically its Instagram platform,...
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Amazon Is Gaining In The Online Food Delivery Space
Monday, April 17, 2017 - 10:55am | 515Amazon.com, Inc. (NASDAQ: AMZN) is not one to let go of any opportunity without a real fight despite its dominant positioning in the online marketplace. This could be one of the reasons that the company has seen staggering growth over the years. Now, news has it that Amazon is making meaningful...
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Does RetailMeNot Deal Read Through For Comparable Peers?
Tuesday, April 11, 2017 - 2:03pm | 458Online coupon company RetailMeNot Inc (NASDAQ: SALE) announced Monday after the market close a deal to be bought by Harland Clarke Holdings, a marketing services company, for $11.60 per share in cash. Zeroing In On Competition Loop Capital Markets said in a note Tuesday it views Groupon Inc (...
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Here's What NBC Understands About Advertising In The Age Of Snapchat
Tuesday, April 4, 2017 - 1:42pm | 346Loop Capital Markets analyst Blake Harper praised the traditional media giant NBC Tuesday for adequately adjusting its advertising strategy to reflect the demands of the time. NBC and owner Comcast Corporation (NASDAQ: CMCSA) proved their 21st-century savviness through a recent deal with Snap Inc (...
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3 Factors Weighing On Snap Shares
Tuesday, April 4, 2017 - 11:30am | 466Snap Inc (NYSE: SNAP) “announced it has introduced a search function for its Stories, which should make it easier for users to discover new content, increase the level of engagement, and eventually open up a new ad product for sponsored Stories,” Loop Capital’s Blake Harper said...
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Amazon Gets New Buy Rating, $1,100 Price Target At Loop Capital
Friday, March 31, 2017 - 8:54am | 338Loop Capital’s Blake Harper expects Amazon.com, Inc. (NASDAQ: AMZN) “to continue to be a market-leading online retailer and cloud-based services provider.” The analyst initiated coverage of the company with a Buy rating and price target of $1,100. Growth Runway Harper expects...
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Google's Competitive Advantages Are Already Priced Into The Stock
Friday, March 31, 2017 - 8:07am | 335Although Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) is a dominant player in the global advertising market, the stock already reflects the company’s “formidable competitive advantages in the digital ad market and its AI [artificial intelligence] fueled innovation,” Loop Capital...
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Wait For It...Snap's Long-Term Potential Anchored By Priced-In Growth, Profitability
Tuesday, March 28, 2017 - 8:10am | 348While Snap Inc (NYSE: SNAP) has built a highly innovative and engaging communication platform and enjoys the patronage of younger users, shares are pricing in “tremendous growth and a dramatic swing to sustained profitability,” Loop Capital’s Blake Harper said in a report. He...
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4 Catalysts That Should Lead To Stronger Growth For Etsy
Wednesday, March 22, 2017 - 8:05am | 319Shares of Etsy Inc (NASDAQ: ETSY) are down 18 percent since the company reported its Q4 results. Investor interest is likely to grow in the stock, given Etsy’s “strong competitive position” and upside to growth estimates from the investments made by the company, Loop Capital...