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WEB

Web.com

16:18
10/18/16
10/18
16:18
10/18/16
16:18

Web.com initiated with a Hold at Cantor

Cantor initiated Web.com with a Hold and a $20 price target.

  • 03

    Nov

WEB Web.com

02/16/16
02/16/16
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on the today's top five analyst downgrades with this list compiled by The Fly: 1. Community Health (CYH) downgraded to Underperform at Mizuho and to Hold at Jefferies after the company missed Q4 earnings expectations. Mizuho said Community Health's negative free cash flow and $169M accounts receivable write-off increases concerns about 2016. 2. Fortuna Silver Mines (FSM), Goldcorp (GG), and New Gold (NGD) downgraded to Hold at Canaccord due to recent share price strength. 3. Credit Suisse (CS) downgraded to Neutral at JPMorgan after analyst Kian Abouhossein cited "negative operating leverage" in the current environment. 4. Peabody (BTU) downgraded to Underweight at BB&T, as analyst Mark Levin sees the probability of a bankruptcy filing to be greater than 50/50 given accelerating cash burn and burdensome debt load. 5. Web.com (WEB) downgraded to Hold at Deutsche Bank, after the firm said the Yodle acquisition brings new execution risks without much profitability. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
02/24/16
PIPR
02/24/16
NO CHANGE
Target $31
PIPR
Overweight
Web.com shares should move closer to fair value, says Piper Jaffray
Piper Jaffray analyst Gene Munster says Yodle's ability to help Web.com return to growth will "assist in re-rating shares closer to fair value." The analyst expects estimates for Web.com to move higher after the Yodle acquisition closes in March. He views the stock as one of the most favorable risk/rewards in his coverage universe. Munster has an Overweight rating on the name with a $31 price target.
05/09/16
ROTH
05/09/16
NO CHANGE
Target $28
ROTH
Buy
Web.com strategy to set pace for growth acceleration, says Roth Capital
Roth Capital analyst Jeff Martin expects Web.com's efforts to transform the business via the Yodle acquisition to result in multi-year revenue growth acceleration, starting in 2017. The analyst believes that the benefit of the transition to faster-growth and higher value-added services in emerging market opportunities depends on the ability to allocate resources and improve retention of legacy offerings, which the company "does well." Martin notes Web.com's Q1 results were "healthy" and reiterates a Buy rating and $28 price target on the shares.
06/24/16
PIPR
06/24/16
NO CHANGE
Target $31
PIPR
Overweight
Web.com should be bought on weakness, says Piper Jaffray
Piper Jaffray analyst Gene Munster recommends buying Web.com's shares on this morning's pullback, following the U.K. vote to leave the EU. The analyst believes the company has only a "very small" revenue exposure to Europe and expects its U.S. business to see no impact from the "Brexit" vote. As Yodle is integrated and lapped, Web.com will return to an organic top-line growth rate in the mid-single digits, Munster tells investors in a research note. He reiterates an Overweight rating and $31 price target on the shares. In morning trading, Web.com's stock has dropped almost 4% to $17.31 per share.

TODAY'S FREE FLY STORIES

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BMS

Bemis

$44.90

-0.28 (-0.62%)

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ATUS

Altice USA

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  • 22

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BBRY

BlackBerry

$11.06

0.41 (3.85%)

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Finish Line

$12.73

0.23 (1.84%)

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BBRY

BlackBerry

$11.06

0.41 (3.85%)

FINL

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$12.73

0.23 (1.84%)

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  • 23

    Jun

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    Jun

NBRV

Nabriva Therapeutics

$10.50

1.19 (12.78%)

20:22
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Initiation
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  • 06

    Jul

WIX

Wix.com

$72.80

0.5 (0.69%)

20:20
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Initiation
Wix.com initiated at Wedbush »

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  • 28

    Jun

OCLR

Oclaro

$9.44

-0.1 (-1.05%)

20:19
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Initiation
Oclaro initiated at DA Davidson »

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  • 22

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    Jun

ACIA

Acacia Communications

$41.64

0.65 (1.59%)

20:19
06/22/17
06/22
20:19
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Initiation
Acacia Communications initiated at DA Davidson »

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  • 22

    Jun

  • 26

    Jun

LITE

Lumentum

$62.45

-0.05 (-0.08%)

20:19
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Initiation
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  • 22

    Jun

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    Jun

LEJU

Leju

$2.46

0.07 (2.93%)

20:05
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Leju rating change at JPMorgan »

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GCP

GCP Applied Technologies

$30.40

0.3 (1.00%)

20:04
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PHM

PulteGroup

$24.04

-0.24 (-0.99%)

19:58
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DHI

D.R. Horton

$33.47

-0.5 (-1.47%)

19:58
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Initiation
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CAA

CalAtlantic

$34.80

-0.34 (-0.97%)

19:57
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BZH

Beazer Homes

$13.01

0.03 (0.23%)

19:57
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Initiation
Beazer Homes initiated at Credit Suisse »

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MTH

Meritage Homes

$40.40

-0.4 (-0.98%)

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Initiation
Meritage Homes initiated at Credit Suisse »

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TOL

Toll Brothers

19:57
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Toll Brothers initiated at Credit Suisse »

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LEN

Lennar

$52.41

-0.84 (-1.58%)

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KBH

KB Home

$22.23

-0.1 (-0.45%)

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  • 27

    Jun

MHK

Mohawk

$242.70

-0.22 (-0.09%)

19:27
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FBHS

Fortune Brands

$65.09

0.06 (0.09%)

19:27
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Initiation
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JELD

JELD-WEN Holding

$34.60

-0.29 (-0.83%)

19:26
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Initiation
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IBP

Installed Building Products

$52.75

-1 (-1.86%)

19:26
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Initiation
Installed Building Products initiated at Credit Suisse »

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OC

Owens Corning

$66.42

-0.85 (-1.26%)

19:26
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WHR

Whirlpool

$195.16

1.35 (0.70%)

19:26
06/22/17
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Initiation
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