Latest news with #YoussefSquali
Business Insider
5 days ago
- Business
- Business Insider
Snap price target lowered to $10 from $11 at Truist
Truist analyst Youssef Squali lowered the firm's price target on Snap (SNAP) to $10 from $11 and keeps a Hold rating on the shares. The company's Q2 results were in line with Street expectations on the top line and slightly below on the bottom line, reflecting a slowdown in Direct Response growth, offset by strength in Snapchat+ and a slight improvement in Brand, all against a backdrop of an evolving product portfolio, the analyst tells investors in a research note. The firm adds however that the 9% Q3 growth outlook sees Snap as a 'share giver' to Meta (META), Alphabet (GOOGL) and Reddit (RDDT). Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Business Insider
6 days ago
- Business
- Business Insider
Wedbush Sticks to Their Hold Rating for Wayfair (W)
Wedbush analyst Scott Devitt maintained a Hold rating on Wayfair today and set a price target of $70.00. The company's shares closed today at $73.48. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Devitt covers the Consumer Cyclical sector, focusing on stocks such as CarMax, eBay, and Amazon. According to TipRanks, Devitt has an average return of 12.5% and a 51.93% success rate on recommended stocks. In addition to Wedbush, Wayfair also received a Hold from Truist Financial's Youssef Squali in a report issued today. However, on the same day, William Blair maintained a Buy rating on Wayfair (NYSE: W). W market cap is currently $8.37B and has a P/E ratio of -22.81. Based on the recent corporate insider activity of 66 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of W in relation to earlier this year.
Business Insider
6 days ago
- Business
- Business Insider
Wayfair (W) Receives a Hold from Truist Financial
In a report released today, Youssef Squali from Truist Financial maintained a Hold rating on Wayfair, with a price target of $80.00. The company's shares closed today at $73.48. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Squali covers the Communication Services sector, focusing on stocks such as Alphabet Class A, Trade Desk, and IAC/InteractiveCorp.. According to TipRanks, Squali has an average return of 3.4% and a 48.12% success rate on recommended stocks. In addition to Truist Financial, Wayfair also received a Hold from TD Cowen's John Blackledge in a report issued today. However, on the same day, William Blair maintained a Buy rating on Wayfair (NYSE: W). Based on Wayfair's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $2.73 billion and a GAAP net loss of $113 million. In comparison, last year the company earned a revenue of $2.73 billion and had a GAAP net loss of $248 million Based on the recent corporate insider activity of 66 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of W in relation to earlier this year.
Bloomberg
31-07-2025
- Business
- Bloomberg
Meta Earned the Right to Keep Chasing AI, Says Analyst
Youssef Squali, Truist Securities Senior Analyst, says AI has significantly driven Meta's advertising conversion and user engagement. (Source: Bloomberg)
Yahoo
05-07-2025
- Business
- Yahoo
Why Wall Street Still Trusts Alphabet's (GOOGL) Google Search, Even With ChatGPT on the Rise
Alphabet Inc. (NASDAQ:GOOGL) is one of the . On July 2, Truist Securities analyst Youssef Squali reiterated a Buy rating on the stock with a $200.00 price target. The firm is optimistic about Alphabet's upcoming quarterly results as well as its long-term prospects in artificial intelligence. Squali anticipates continued growth across Alphabet's business units, which include search. This is despite investor concerns over Alphabet's search future as new artificial intelligence tools like Perplexity AI and OpenAI's ChatGPT have taken up web traffic that used to go through traditional search engines. Squali expects year-over-year search revenue growth of 8% for the second quarter, which is down from 10% growth in the previous quarter. However, this isn't a significant downfall. 'We believe Google's Search remains one of the most important customer acquisition and growth channels for most advertisers.' A similar growth deceleration is anticipated for Alphabet's YouTube advertising and cloud services segments, which isn't something to be extremely worried about. The real cause of concern is whether Google can sustain its dominance in search. Squali quoted a May report from enterprise SEO company BrightEdge, stating that Google still accounts for more than 90% of the internet search market. Moreover, Google's own AI tool Gemini, is growing strong, which should help the company as AI search expands. 'AI Search remains Google's war to lose.' While we acknowledge the potential of GOOGL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 AI Stocks in the Spotlight and . Disclosure: None. Sign in to access your portfolio
