Web.com sell-off overdone, says SunTrust at SunTrust SunTrust believes the impact on Web.com (WWWW) from Google's (GOOG) registration initiative will be moderate and manageable in the intermediate term and notes churn is only 1%. The firm would use weakness as a buying opportunity and reiterates its Buy rating and $38 price target.
Web.com cyber breach appears limited, says JPMorgan JPMorgan analyst Sterling Auty says Web.com's cyber security breach appears limited since only 3% of the customer base is impacted. Auty added to his model $200,000 of expenses to Web.com's September quarter and $100,000 to the December quarter. He keeps a Neutral rating on the name with a $25 price target.