The Latest Breaking News from Brad Erickson

Analysts gave mixed opinions on Expedia Group, Inc (NASDAQ: EXPE) p

RBC Capital analyst Brad Erickson reiterated Outperform on Meta Platforms Inc (NASDAQ:FB), but lowered the price target from $245 to $240 (11.3% upside). Another round of SMB ad agency channel checks raised the conviction that FB will likely see another rocky quarter, prompting lower estimates and PT to $240.  The beneficiaries from FB erosion…

RBC Capital analyst Brad Erickson slashed the price target on Uber Technologies Inc (NYSE:UBER) to $50 from $65 (57% upside) but kept an Outperform.  Erickson cut the price target on Lyft Inc (NASDAQ:LYFT) to $50 from $53 (37% upside) and kept an Outperform.  Erickson cited the findings from RBC's proprietary driver supply analysis that gave a relative…

Analysts continue to see sharp upside in Bumble Inc (NASDAQ:BMBL) despite cutting their price targets post Q4 results. BMO Capital analyst Daniel Salmon upgraded to Outperform from Market Perform with an unchanged price target of $48 (103% upside). Online dating is poised to outperform the internet sector. Cowen analyst John Blackledge raised the price target to $38…