Scott Devitt

Netflix, Inc. (NASDAQ: NFLX) blew Wall Street’s expectations out of the water Monday when it reported first-quarter subscriber growth of 7.41 million, well above consensus estimates. Earnings guidance also came in higher than expectations. As a result, Netflix traded around $334.56 late...

Netflix, Inc. (NASDAQ: NFLX) is scheduled to report its first quarter results on Monday and expectations are high based on the options market, which is pricing in a 10 percent move in either direction. The company is expected to post earnings of 64 cents per share on sales of $3.69 billion. The...

Facebook, Inc. (NASDAQ: FB) was supposed to make everyone happy by connecting users with family and friends, but it now has a major trust problem related to privacy policies and it's unclear how the company will proceed to fix its reputation, according to Stifel. The Analyst Stifel's...

Mercadolibre Inc (NASDAQ: MELI), an Argentinian e-commerce company with exposure to multiple Latin America countries including Brazil, faces a negative near-term catalyst that prompted Stifel to downgrade the stock.  The Analyst Stifel's Scott Devitt downgraded MercadoLibre's stock...

Netflix, Inc. (NASDAQ: NFLX) is up nearly 70-percent year-to-date, and some bulls think it’s getting a bit ahead of itself. The Rating Stifel Nicolaus analysts Scott Devitt and John Egbert downgraded Netflix to Hold, but raised their price target from $283 to $325. The Thesis Netflix...

Shares of Etsy Inc (NASDAQ: ETSY) soared Wednesday after the company's fourth-quarter earnings report came in ahead of expectations, and metrics like gross merchandise sales similarly impressed the Street. Wall Street's Ratings, Price Target Changes Stifel's Scott Devitt maintains...

Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) reported its fourth quarter results, which included an earnings miss and prompted multiple Wall Street analysts to downgrade the stock. The Analyst Stifel's Scott Devitt downgraded Alphabet's stock from Buy to Hold with an unchanged $1,150 price...

Shares of Facebook Inc (NASDAQ: FB) hit a new all-time high of $195.32 Thursday despite some concerning metrics in its fourth quarter earnings report. Here is a roundup of what some of Wall Street's top analysts are saying after the print. Morgan Stanley: Early Stages Of Growth Facebook's...

China is without any doubt the largest eCommerce market in the world with the two biggest players being Alibaba Group Holding Ltd (NYSE: BABA) and JD.Com Inc(ADR) (NASDAQ: JD). The Analyst Stifel's Scott Devitt resumed coverage of JD's stock with a Buy rating and $48 price target and...

Shares of Square Inc (NYSE: SQ) lost 3 percent early Thursday after analysts at Stifel said they're expecting downside to the stock leading into next week's earnings report. Stifel's Scott Devitt downgraded Square's stock Wednesday from Buy to Hold and slashed his price...