Roku (ROKU) shares dropped more than 11.7% on Wednesday amid an Underweight initiation by Atlantic Equities over concerns of slowing growth and weak penetration in markets abroad. “We estimate that 80% of Roku’s active accounts are located in the U.S., implying 34% penetration in that market and just 6% in the other markets in which it operates,” analyst Hamilton Faber wrote in a note to investors. The streaming device company’s international markets include Canada, Mexico, Brazil, the… Source link
Read More »Yandex (NASDAQ:YNDX) Receives Consensus Recommendation of “Buy” from Analysts
Yandex (NASDAQ:YNDX) has received a consensus recommendation of “Buy” from the eight research firms that are presently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $83.29. Several equities analysts have commented on YNDX shares. UBS Group raised shares of… Source link
Read More »Yandex (NASDAQ:YNDX) Receives Consensus Recommendation of “Buy” from Brokerages
Shares of Yandex (NASDAQ:YNDX) have been given an average rating of “Buy” by the nine analysts that are covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12 month target price among brokers that have covered the stock in the last year is $82.88. Several analysts have issued reports on YNDX shares. UBS Group raised Yandex from a “neutral” rating to a “buy” rating and… Source link
Read More »Yandex (NASDAQ:YNDX) Receives Consensus Recommendation of “Buy” from Brokerages
Shares of Yandex (NASDAQ:YNDX) have received an average rating of “Buy” from the eleven analysts that are presently covering the company, Marketbeat.com reports. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $70.63. A number of analysts have recently commented on YNDX shares. TheStreet lowered shares of Yandex from a “b” rating to a… Source link
Read More »