Former Stifel Nicolaus analyst Scott Devitt will take on the U.S Internet Sector for Morgan.
Devitt today also upgraded Google to Overweight, as noted in a previous post.
Among other factors, Devitt thinks the Street is over-estimating the threat to the company from Amazon.com.
Morgan Stanley analysts led by Scott Devitt listed advertising pricing as among the key risks for the company.
Devitt adds that the value of the Netflix domestic business alone is enough to support the stock at current levels.
Devitt notes that minutes and pager views were down 8% in the U.S. in 2010, according to ComScore, with trends deteriorating throughout the year.
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Amazon.com shares are coming under pressure Thursday morning after Morgan Stanley analyst Scott Devitt cut his rating on the online retailing giant to Equal Weight from Overweight.
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He completed his first 100 meters in 55.14 seconds, faster than the time John Devitt swam to win the 100 meters sprint at the 1960 Rome Olympics.
Groupon shares are getting a lift Monday morning from Morgan Stanley analyst Scott Devitt, who raised his rating on the daily deals company to Overweight from Equal Weight.
Shares of Internet radio player Pandora are trading lower Monday morning after Morgan Stanley analyst Scott Devitt cut his rating on the company to Equal Weight from Overweight.
Devitt maintains his Equal Weight rating on the stock.
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Hull refused to give in though and Jamie Devitt drew a good save from Al Habsi before Barmby headed in his second from Devitt's cross with the game entering four minutes of stoppage time.
Devitt sees overall 2013 semi capital spending to be down 10%-15% from 2012, with no meaningful capacity investment in the memory sector this year, with DRAM spending likely muted due to weak PC fundamentals.
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As well as making it possible to scribble virtually anywhere, linking the real and virtual worlds through mobile devices could also change users' perception of their surroundings, says Jason Devitt of Vindigo, a company based in New York that provides location-based services on both handheld computers and mobile phones.
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