Market Recap 1-30-15
Google (GOOG) was up 4.6% after reporting earnings Thursday night that missed the mark. Ken Odeluga, a senior market analyst at www.cityindex.com.sg, expected sentiment on Google to remain poor. He noted that the search giant posted its slowest pace of growth in five years at 18.9% growth in annual revenue. Also Google’s paid clicks slumped to 14%, their lowest rate in five years and missing the expectation of 17%.
Nomura upped their price target on Google to $625. Read more on Value Walk
Web.com (WWWW) bounced back a bit up 2.4% on the day, the stock finished the week down 10.5%
Marchex (MCHX) was down 4.75% on Friday and closed at $3.81.
Enduarance International (EiGi) was down over 6% on the day. According to Sleek Money,
Oppenheimer assumed coverage on shares of Endurance International Group Hldgs (NASDAQ:EIGI) in a report issued on Friday. The firm issued a market perform rating and a $20.00 target price on the stock.
Separately, analysts at Zacks downgraded shares of Endurance International Group Hldgs from an outperform rating to a neutral rating and set a $20.00 price target on the stock in a research note on Tuesday, January 6th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average target price of $18.80.
|Minds + Machines Group…||MMX||8.52||-0.23 (-2.57%)|
|Marchex, Inc.||MCHX||3.81||-0.19 (-4.75%)|
|Web.com Group Inc||WWWW||15.11||+0.36 (2.44%)|
|Rightside Group Ltd||NAME||7.90||-0.22 (-2.71%)|
|Centralnic Group PLC||CNIC||41.00||-1.00 (-2.38%)|
|Google Inc||GOOG||534.52||+23.86 (4.67%)|
|Tucows Inc. (USA)||TCX||17.58||-0.15 (-0.85%)|
|Verisign, Inc.||VRSN||54.48||-0.21 (-0.38%)|
|Neustar Inc||NSR||26.29||-0.35 (-1.31%)|
|United Internet AG||UTDI||38.47*||-0.25 (-0.65%)|
|Endurance Intl. Group…||EIGI||16.81||-1.11 (-6.19%)|
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