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GOOG

Alphabet

$1,214.97

8.53 (0.71%)

, GOOGL

Alphabet Class A

$1,219.47

8.53 (0.70%)

18:20
04/04/19
04/04
18:20
04/04/19
18:20

Advertisers shifting search ad spending to Amazon from Google, WSJ says

Advertisers are beginning to shift spending on search ads from Google (GOOG) to Amazon (AMZN), a sign of how the e-commerce giant is capitalizing on becoming the top destination for consumers' product searches, the Wall Street Journal's Suzanne Vranica reports. WPP (WPP), the globe's biggest ad buyer, spent approximately $300M on behalf of its clients on Amazon search ads in 2018, and roughly 75% of that money came from Google search budgets, Vranica reports, citing people familiar with the matter. The ad buyer spent between $100M and $150M on Amazon search the year before, the author notes. WPP spent over $3B worldwide on Google search advertising last year, Vranica adds. Omnicom (OMC), meanwhile, said that between 20%-30% of the money its clients spent on search advertising in 2018 went to Amazon search ads, with the majority of the cash moved from Google search budgets, Vranica says. The company spent roughly $1.2B on U.S. search ads in 2018, the report says, citing people familiar with Omnicom's ad spending. Reference Link

GOOG

Alphabet

$1,214.97

8.53 (0.71%)

GOOGL

Alphabet Class A

$1,219.47

8.53 (0.70%)

AMZN

Amazon.com

$1,817.89

-3.11 (-0.17%)

WPP

WPP

$55.64

-0.21 (-0.38%)

OMC

Omnicom

$74.00

0.49 (0.67%)

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    Apr

  • 27

    Oct

GOOG Alphabet
$1,214.97

8.53 (0.71%)

04/02/19
CHLM
04/02/19
NO CHANGE
Target $8
CHLM
Buy
Chrome changes overblown, buying opportunity for Rubicon, says Craig-Hallum
Craig-Hallum analyst Jason Kreyer believes the recent pullback in Rubicon Project (RUBI) shares creates a buying opportunity. Shares were down nearly 10% last week following rumors that Google (GOOG) could make privacy changes to its Chrome browser, he notes. The analyst does not anticipate this creating any fundamental headwinds for Rubicon Project and believes management's focus on releasing a suite of tools for publishers positions the company for further competitive gains. He reiterates a Buy rating and $8 price target on Rubicon's shares.
04/04/19
COWN
04/04/19
NO CHANGE
Target $455
COWN
Outperform
Cowen says latest U.S. survey shows Netflix maintains living room lead
Cowen analyst John Blackledge said he expect solid results from Netflix (NFLX) when the company reports Q1 earnings on April 16, noting that the company's Original programming hours are up 34% year-over-year, which he views as a tailwind. The firm's monthly recurring proprietary survey of 2,500 U.S. consumers again highlighted Netflix's "leadership in the living room," particularly among Millennials, said Blackledge. When asked which platforms they use most often to view video content on TV, Netflix held the top position with 26.2% of total survey respondents, followed by basic cable, broadcast television and Google's (GOOGL) YouTube, noted Blackledge. He keeps an Outperform rating and $455 price target on Netflix shares.
04/01/19
COWN
04/01/19
NO CHANGE
COWN
FTC officials seem to spotlight Facebook, Amazon for scrutiny, says Cowen
After FTC Chairman Joe Simons and Competition Bureau Director Bruce Hoffman spoke at the American Bar Association's annual antitrust conference on Friday, Cowen analyst Paul Gallant said his read of some of Simons' comments on "consummated mergers" is that they seem directed toward Facebook (FB) deals like Instagram and Whatsapp and/or Google's (GOOGL) past ad tech acquisitions. Hoffman "also seemed to lean forward on tech," said Gallant, who sees some of Hoffman's comments on a prior ruling about American Express (AXP) as making Amazon (AMZN) more of an antitrust target than he expected. The analyst also noted that Sarah Oxenham-Allen, Chair of the State Attorney Generals Task Force on Antitrust, spoke at the event and he sees her comments as underscoring that state AGs are a "legitimate threat" on antitrust and privacy for Facebook and Google.
03/28/19
MSCO
03/28/19
NO CHANGE
MSCO
Local ad survey positive for Google and Facebook, says Morgan Stanley
Morgan Stanley analysts led by Benjamin Swinburne and Brian Nowak said the firm's annual local ad survey showed that expectations to grow marketing budgets remained robust. The survey results were positive for Google parent Alphabet (GOOGL) and Facebook (FB), as Google's search and Instagram stood out as having strong year-over-year increases in the number of small and medium businesses pointing to each as providing "the highest ROI," the analysts noted. Twitter (TWTR) and Yelp (YELP) both fell in terms of usage by local advertisers, the analysts also noted. Outdoor continues to slowly pick up budget share, according to the survey, which makes the analysts incrementally positive on Lamar Advertising (LAMR) and Outfront Media (OUT), they added.
GOOGL Alphabet Class A
$1,219.47

8.53 (0.70%)

AMZN Amazon.com
$1,817.89

-3.11 (-0.17%)

04/02/19
JPMS
04/02/19
NO CHANGE
Target $435
JPMS
Overweight
Netflix recent underperformance brings good buying opportunity, says JPMorgan
Netflix (NFLX) shares are up 4% since its Q4 earnings report but are still underperforming the S&P 500 Index's 9% rally and average Internet peer gain of 8% despite the "strong" results, JPMorgan analyst Doug Anmuth tells investors in a research note. The analyst believes Netflix shares have been weighed down by uncertainty around the U.S./Latin America price increase impact on churn net additions in the first half of 2019, as well as the overhang from competitor launches out of Disney (DIS) and Apple (AAPL). However, the recent Netflix share price underperformance represents a good buying opportunity, Anmuth contends. He notes that he recently added the stock as one of his top picks along with Facebook (FB), Amazon.com (AMZN) and Twitter (TWTR). Anmuth believes the underlying secular shift toward on-demand entertainment "remains strong" and that competitive fears around Netflix are overdone. The company is on track to have 200M-plus global paid subscribers in 2021 and its U.S. revenue growth should accelerate from Q1 levels through 2019, contends the analyst. He reiterates an overweight rating on Netflix with a $435 price target, which represents 19% upside from current levels. The streaming service closed yesterday up $10.40, or 3%, to $366.96.
04/03/19
JEFF
04/03/19
NO CHANGE
Target $2300
JEFF
Buy
Jefferies analysis suggests Amazon shares can hit $3,000 in two years
Jefferies analyst Brent Thill continues to see 27% near-term upside from current levels for shares of Amazon.com but longer-term, he sees a roadmap to a $3,000-plus stock price. The analyst keeps a Buy rating on Amazon with a $2,300 price target. The stock closed yesterday at $1,813.98. Despite rallying 21% year-to-date, the shares remain "deeply undervalued," Thill tells investors in a research note. The analyst believes many any of Amazon's embedded growth opportunities are underappreciated "and the optionality from new initiatives is not reflected in the stock." His updated sum-of-the-parts analysis, based on estimate 2022 revenue, suggests ~65% upside to potential value of $3,000 in two years. The analysis is based on "relatively conservative" assumptions, particularly about growth in Amazon's most profitable segments - Web Services, advertising, and third party seller services. Thill believes Amazon has "just scratched the surface" in many of its existing markets.
04/04/19
GUGG
04/04/19
DOWNGRADE
Target $72
GUGG
Neutral
Guggenheim downgrades Roku on increasing competition from Apple, Amazon
Guggenheim analyst Michael Morris downgraded Roku (ROKU) to Neutral from Buy and lowered his price target for the shares to $72 from $77. The stock closed yesterday down 3%, or $2.04, to $68.60. Morris this morning also upgraded Facebook (FB) to Buy from Neutral with a $200 price target. Apple's (AAPL) video product unveiled on March 25 represents an additional risk to Roku's active user base, the analyst tells investors in a research note. Further, Amazon's (AMZN) and Viacom's (VIAB) greater pushes into advertising video on demand are also increasing competition on Roku, Morris contends. He adds that Roku CFO Steve Louden's sale of 100,000 shares has also "shaken" his confidence in the stock. Nonetheless, the analyst's view of the "strong" secular streaming and targeted video advertising tailwinds that the company is positioned to benefit from is unchanged.
04/02/19
IMPC
04/02/19
NO CHANGE
Target $79
IMPC
Outperform
Atlas Air shares attractive after new Amazon agreement, says Imperial Capital
Atlas Air Worldwide (AAWW) shares are attractive considering the company's new agreement with Amazon.com (AMZN), "healthy" underlying revenue and earnings growth, and low valuations, Imperial Capital analyst Michael Derchin tells investors in a research note. He sees an attractive risk/reward opportunity and keeps an Outperform rating on Atlas Air with a $79 price target.
WPP WPP
$55.64

-0.21 (-0.38%)

06/19/18
MOFT
06/19/18
INITIATION
MOFT
Neutral
WPP initiated with a Neutral at MoffettNathanson
04/01/19
DBAB
04/01/19
UPGRADE
DBAB
Buy
WPP upgraded to Buy from Hold at Deutsche Bank
Deutsche Bank upgraded WPP to Buy from Hold saying the stock "looks too cheap." Just delivering on guidance will be enough to re-rate shares higher given the current low expectations, Deutsche Bank says in a research note.
12/13/18
BOFA
12/13/18
UPGRADE
BOFA
Neutral
WPP upgraded to Neutral from Underperform at BofA/Merrill
BofA/Merrill analyst Adrien de Saint Hilaire upgraded WPP to Neutral citing valuation and reduced topline risks.
10/25/18
PIVT
10/25/18
UPGRADE
PIVT
Buy
WPP upgraded to Buy from Hold at Pivotal Research
Pivotal Research analyst Brian Wieser upgraded WPP to Buy while lowering his price target for the shares to 1030p from 1060p. The analyst sees a "compelling value" with today's 20% stock decline following the company's "weak" Q3 results and 2018 outlook.
OMC Omnicom
$74.00

0.49 (0.67%)

09/28/18
LEHM
09/28/18
DOWNGRADE
Target $75
LEHM
Underweight
Omnicom downgraded to Underweight from Equal Weight at Barclays
07/23/18
ARGS
07/23/18
DOWNGRADE
ARGS
Hold
Omnicom downgraded to Hold at Argus on disappointing Q2
As reported earlier, Argus analyst Deborah Ciervo downgraded Omnicom to Hold From Buy following Q2 results that showed disappointing revenue and weak advertising trends. The analyst believes that the weakness in the retail sector is weighing on the company's North America business, even as performance has improved in Europe, U.K., and Asia. Ciervo added that she expects continued slow organic growth in the near term, even as her outlook for the longer term remains bullish "based on its leading industry position and our high regard for management, which has a history of topping Street expectations and achieving high returns on invested capital".
07/23/18
ARGS
07/23/18
DOWNGRADE
ARGS
Hold
Omnicom downgraded to Hold from Buy at Argus
07/18/18
WELS
07/18/18
NO CHANGE
Target $75
WELS
Market Perform
Omnicom price target lowered to $75 from $80 at Wells Fargo
Wells Fargo analyst Peter Stabler lowered his price target for Omnicom to $75 from $80 on lowered FY19 estimates. The analyst reiterates a Market Perform rating on the shares.

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AVP

Avon Products

$2.96

0.045 (1.55%)

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WMT

Walmart

$103.51

0.45 (0.44%)

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UBS

UBS

$13.16

0.07 (0.53%)

05:41
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FB

Facebook

$182.64

-1.13 (-0.61%)

05:38
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05:38
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Facebook price target raised to $215 from $195 at Baird »

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UBS

UBS

$13.16

0.07 (0.53%)

05:37
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UBS reports Q1 EPS 30c, consensus 24c »

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PYPL

PayPal

$107.18

0.27 (0.25%)

05:35
04/25/19
04/25
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05:35
Recommendations
PayPal analyst commentary at Baird »

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NOW

ServiceNow

$242.41

-1.085 (-0.45%)

05:32
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04/25
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05:32
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CTXS

Citrix

$100.45

-0.4 (-0.40%)

05:29
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05:29
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ALGN

Align Technology

$297.12

1.14 (0.39%)

05:27
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Align Technology analyst commentary at Piper Jaffray »

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MSFT

Microsoft

$125.00

-0.5 (-0.40%)

05:24
04/25/19
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05:24
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Microsoft analyst commentary  »

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IRBT

iRobot

$100.39

-30.03 (-23.03%)

05:21
04/25/19
04/25
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05:21
Recommendations
iRobot analyst commentary at Piper Jaffray »

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SWI

SolarWinds

$19.77

0.325 (1.67%)

05:17
04/25/19
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SolarWinds analyst commentary at Jefferies »

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XLNX

Xilinx

$139.79

2.66 (1.94%)

05:15
04/25/19
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05:15
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Xilinx rating change  »

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SIRI

Sirius XM

$5.71

-0.43 (-7.00%)

05:13
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05:13
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Sirius XM rating change  »

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APC

Anadarko

$71.41

7.29 (11.37%)

05:07
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05:07
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Anadarko rating change  »

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CARO

Carolina Financial

$36.91

0.49 (1.35%)

05:06
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Earnings
Carolina Financial reports Q1 operating EPS 65c, consensus 69c »

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JBAXY

Julius Baer

$0.00

(0.00%)

05:06
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05:06
Downgrade
Julius Baer rating change  »

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GD

General Dynamics

$180.67

-1.66 (-0.91%)

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General Dynamics rating change at JPMorgan »

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NAVI

Navient

$12.96

0.51 (4.10%)

05:03
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Navient rating change  »

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PTC

PTC

$101.94

1.12 (1.11%)

05:02
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05:02
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PTC rating change  »

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DB

Deutsche Bank

$8.50

-0.04 (-0.47%)

04:59
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04:59
Earnings
Deutsche Bank expects Q1 net income EUR 200M, revenue EUR 6.4B »

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DB

Deutsche Bank

$8.50

-0.04 (-0.47%)

, CRZBY

Commerzbank

$0.00

(0.00%)

04:57
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04:57
Hot Stocks
Deutsche Bank ends merger talks with Commerzbank, still reviewing alternatives »

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DB

Deutsche Bank

$8.50

-0.04 (-0.47%)

CRZBY

Commerzbank

$0.00

(0.00%)

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CRZBY

Commerzbank

$0.00

(0.00%)

, DB

Deutsche Bank

$8.50

-0.04 (-0.47%)

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Commerzbank announces end of merger talks with Deutsche Bank »

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CRZBY

Commerzbank

$0.00

(0.00%)

DB

Deutsche Bank

$8.50

-0.04 (-0.47%)

03/08/13
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04:55
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General news
Breaking General news story  »

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