> KeyBanc analyst Justin Patterson downgraded shares sector weight from an overweight rating as the company’s focus on long-term product initiatives weighs on near-term growth and valuation.

> He wrote that “meaningful financial benefits” from these initiatives could take “several quarters” to materialize.

It's kind of beyond parody that you can grow revenue 41% YoY and people still complain that you're doing anything at all with a horizon as long as 6-9 months.