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TWX

Time Warner

$80.08

1.51 (1.92%)

, CMCSA

Comcast

$64.96

-0.82 (-1.25%)

13:11
10/12/16
10/12
13:11
10/12/16
13:11

HBO pushes to renegotiate cable deals, Bloomberg says

Time Warner's (TWX) HBO is pushing to renegotiate deals with pay-TV providers like Comcast (CMCSA), Charter (CHTR) and AT&T (T) that would allow it to pocket more profits from new subscribers to the channel, reports Bloomberg, citing sources. The new deals would contribute "most" of HBO's U.S. growth in coming years, even surpassing the HBO Now streaming service, one source familiar with the company's strategy told Bloomberg. HBO is close to an agreement with Charter and will soon face a key renewal negotiation with Comcast, the sources said. Reference Link

TWX

Time Warner

$80.08

1.51 (1.92%)

CMCSA

Comcast

$64.96

-0.82 (-1.25%)

CMCSK

Comcast

CHTR

Charter

$257.86

-9.99 (-3.73%)

T

AT&T

$39.37

0.2707 (0.69%)

  • 24

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TWX Time Warner
$80.08

1.51 (1.92%)

09/26/16
UBSW
09/26/16
NO CHANGE
Target $92
UBSW
Neutral
Consumer satisfaction with competitors has caught up to Netflix, says UBS
UBS analyst Doug Mitchelson said that the firm's Evidence Lab survey indicated that U.S. consumer satisfaction with Amazon Prime Video (AMZN) and Hulu - the joint venture owned by Time Warner (TWX), Comcast (CMCSA), 21st Century Fox (FOXA), and Disney (DIS) - has now caught up to Netflix (NFLX), advising that investors should "continue to monitor competitive threats closely" as Netflix leads the category but demand for consumer media time, attention and wallet has intensified. The analyst, who added that Netflix's "pricing power remains unclear" based on the firm's survey work, keeps a Neutral rating and $92 price target on Netflix shares.
08/04/16
WDLK
08/04/16
NO CHANGE
Target $106
WDLK
Time Warner price target raised to $106 from $95 at Wunderlich
07/26/16
07/26/16
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Disney (DIS) and Time Warner (TWX) downgraded to Market Perform from Outperform at FBR Capital with analyst Barton Crocket saying Disney's stock "will struggle to deliver much upside" from current levels. The analyst lowered his price target for the shares to $108 from $111. The analyst downgraded Time Warner citing valuation. 2. Chipotle (CMG) downgraded to Sell from Hold at Stifel with analyst Paul Westra citing the firm's belief that the U.S. economy will probably enter a recession within nine months. 3. Whole Foods (WFM) downgraded to Sell from Neutral at Goldman with analyst Stephen Tanal saying Whole Foods is losing share in its core natural and organic business to a variety of competitors that have raised the bar and driven a consistent deceleration in Whole Foods' same-store-sales and its first negative comps in the fourth quarter of 2016 since 2009. 4. BJ's Restaurants (BJRI) downgraded to Sell from Buy at Stifel with analyst Paul Westra citing the firm's belief that the U.S. economy will probably enter a recession within nine months. 5. Yahoo (YHOO) downgraded to Equal Weight from Overweight at Morgan Stanley with analysts led by Brian Nowak saying shares going forward will solely be viewed as a trading vehicle for its 15% Alibaba (BABA) stake with the investment thesis related to shares closing the estimated 39% liquidity discount to fair market value. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
07/26/16
FBRC
07/26/16
DOWNGRADE
Target $81
FBRC
Market Perform
Time Warner downgraded to Market Perform from Outperform at FBR Capital
FBR Capital analyst Barton Crockett downgraded Time Warner to Market Perform citing valuation with the stock within 3% of his unchanged $81 price target. The analyst is also skeptical that the recent election-driven ratings strength at CNN can persist into next year.
CMCSA Comcast
$64.96

-0.82 (-1.25%)

08/22/16
JPMS
08/22/16
NO CHANGE
JPMS
Overweight
DISH renewal a major positive for Rovi, says JPMorgan
JPMorgan analyst Sterling Auty said he views Rovi's (ROVI) newly-announced 10-year contract renewal with DISH Networks (DISH) as a "major positive" that should help Rovi's position to complete its renewal with Comcast (CMCSA), which is the only top 10 pay-TV provider not currently under contract with the company. The announcement language suggests pricing "somewhere just above" that given to AT&T (T) and the duration of the deal validates the longevity of the patent portfolio, said Auty, who keeps an Overweight rating on Rovi shares.
08/22/16
PIPR
08/22/16
NO CHANGE
Target $27
PIPR
Overweight
Piper Jaffray confident in Comcast signing with Rovi
Piper Jaffray analyst Michael Olson notes that Rovi (ROVI) announced a 10-year renewal with DISH (DISH) and while the terms were not disclosed, economics should be similar to recent deals, likely in the range of 21c-22c per subscriber per month. With DISH in the fold, nine of the ten major U.S. TV service providers now license Rovi guide patents, the analyst said, with Comcast (CMCSA; CMCSK) remaining the lone holdout. Olson believes discussions with Comcast are at the economic level, and is confident in Comcast signing, potentially in the first half of 2017. He reiterates an Overweight rating and $27 price target on Rovi's shares.
09/27/16
PIVT
09/27/16
NO CHANGE
PIVT
Comcast should report 'strong' Q3 results, says Pivotal Research
Pivotal Research analyst Jeffrey Wlodarczak expects Comcast to report "strong" Q3 results, with flat video subscriber additions, a 330,000 increase in data subscribers, an Olympics-driven 17% increase in NBC revenue ,and a total, slightly below consensus EBITDA gain of 7%. The analyst says that the stock's valuation is "very attractive." He raised his price target on the name to $90 from $81 to reflect a transition to year-end 2017 estimates and reiterates a Buy rating.
CMCSK Comcast

07/11/16
OPCO
07/11/16
NO CHANGE
Target $70
OPCO
Outperform
Comcast remains 'most attractive' large-cap, says Oppenheimer
Oppenheimer analyst Timothy Horan says Comcast remains the "most attractive" large-cap for remainder of the year, with its shares offering attractive upside despite the "strong performance" year to date. The company's unsurpassed broadband and public Wi-Fi networks indicate "strong sub trends" in 2016-2017, the analyst tells investors in a research note. Furthermore, he points out that its advertising revenues are "strong" helped by Olympics and political advertising as well as Cable. Oppenheimer has an Outperform rating and $70 price target on the shares.
CHTR Charter
$257.86

-9.99 (-3.73%)

10/11/16
10/11/16
DOWNGRADE
Target $305

Neutral
Charter downgraded to Neutral on valuation at MoffettNathanson
As previously reported, MoffettNathanson downgraded Charter to Neutral from Buy. Analyst Craig Moffett said share have risen sharply year-to-date, along with consensus estimates, and views shares as fairly valued. .
10/11/16
MOFT
10/11/16
DOWNGRADE
MOFT
Neutral
Charter downgraded to Neutral from Buy at MoffettNathanson
10/10/16
EVER
10/10/16
NO CHANGE
Target $320
EVER
Buy
Charter price target raised to $320 from $260 at Evercore ISI
Evercore ISI analyst Vijay Jayant increased top pick Charter's price target to $320 from $260 and believes the company has substantial free cash flow generation potential from the Time Warner Cable acquisition and Bright House system. He sees significant transaction cost synergies and potential for significant capital returns and for subscriber growth to reacceleration in 2H 2017 once the transition period is complete. Jayant has a Buy rating on Charter shares.
10/11/16
10/11/16
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Comerica (CMA) downgraded to Market Perform from Outperform at FBR Capital with analyst Bob Ramsey citing valuation following the recent strength in the shares. 2. Charter downgraded to Neutral from Buy at MoffettNathanson with analyst Craig Moffett saying shares have risen sharply year-to-date, along with consensus estimates, and views shares as fairly valued. 3. BHP Billiton (BHP) downgraded to Neutral from Buy at UBS with the firm citing its expectations for lower iron ore and coal prices over the next six months. 4. Illumina (ILMN) downgraded to Sell from Neutral at Janney Capital and to Neutral from Buy at Citi. 5. KBR (KBR) downgraded to Sell from Neutral at Goldman with analyst Jerry Revich citing limited growth prospects due to outsized exposure to core LNG and greenfield ammonia capex cycles that are in the early stages of decline. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
T AT&T
$39.37

0.2707 (0.69%)

09/28/16
09/28/16
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Alphabet (GOOG, GOOGL) downgraded to Underperform from Neutral at Wedbush with analyst James Dix citing concerns that the "Four Horsemen of the Search Apocalypse" -- self-identified consumers, consumer control of IP-delivered ads, payments innovation, and attention markets -- might arrive. 2. AT&T (T) downgraded to Neutral from Buy at UBS with analyst John Hodulik citing expectations for lower earnings growth. 3. Macy's (M) downgraded to Neutral from Outperform at Credit Suisse with analyst Michael Exstein saying the retailer, after outlining in August its operations and merchandising strategies, is now in an execution phase. 4. Twitter (TWTR) downgraded to Underperform from Neutral at Mizuho and to Sell from Hold at Loop Capital. 5. Galectin Therapeutics (GALT) downgraded to Sell from Buy at Roth Capital with analyst Sa'ar Yaniv citing the company's announcement that NASH-FX, GR-MD-02's Phase 2a study in NASH fibrosis, failed both primary and secondary endpoints. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
10/06/16
FBNS
10/06/16
INITIATION
Target $69.24
FBNS
Outperform
AMC Networks initiated with an Outperform at FBN Securities
FBN Securities analyst Robert Routh initiated AMC Networks (AMCX) with an Outperform rating and a fair value estimate of $69.24. Routh calls AMC Networks "very attractive" as a possible takeover target, as he believes it could fit well with either the soon-to-be-combined Lionsgate (LGF)-Starz (STRZA) or with AT&T's (T) DTV division. Routh added that reports have indicated that AT&T is looking to grow its portfolio of TV content through deals.
10/11/16
DBAB
10/11/16
NO CHANGE
Target $45
DBAB
Buy
AT&T pullback brings attractive buying opportunity, says Deutsche Bank
After hosting investor meetings with management, Deutsche Bank analyst Matthew Niknam says the recent pullback in shares of AT&T presents an attractive buying opportunity. The analyst tells investors that he left the meetings more bullish on AT&T's competitive positioning given its "leading scale and more efficient cost structure across distribution platforms." He reiterates a Buy rating on the shares with a $45 price target.
09/28/16
UBSW
09/28/16
DOWNGRADE
Target $43
UBSW
Neutral
AT&T downgraded to Neutral from Buy at UBS
UBS analyst John Hodulik downgraded AT&T to Neutral citing expectations for lower earnings growth. The analyst reduced his earnings estimates by 3% to reflect the "increased competitive intensity" in wireless and incremental costs associated with AT&T's DTV Now roll-out. Hodulik cut his price target for AT&T shares to $43 from $46.

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Sprouts Farmers Markets

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TherapeuticsMD

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Fitbit

$5.88

-0.16 (-2.65%)

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Fitbit CEO says early adopter segment saturated, says exploring new form factors »

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Square

$15.04

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Fitbit

$5.88

-0.16 (-2.65%)

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Fitbit says paid $23M for Pebble assets »

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SBUX

Starbucks

$57.57

0.03 (0.05%)

19:34
02/22/17
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Hot Stocks
Market researcher: Starbucks consumer perception dips after refugee hiring news »

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LB

Labarge

$58.13

0.43 (0.75%)

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L Brands sees Q1 comps down high-single to low-double digits »

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LB

Labarge

$58.13

0.43 (0.75%)

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L Brands sees FY17 comps down low-single digits »

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F

Ford

$12.67

-0.02 (-0.16%)

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Conference/Events
Ford to host sales conference call »

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GTLS

Chart Industries

$38.51

-1.21 (-3.05%)

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Hot Stocks
Chart Industries CEO Samuel Thomas named executive chairman »

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TSLA

Tesla

$273.51

-3.88 (-1.40%)

19:24
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SolarCity leased with risky homeowners, has ties to foreclosure cases, NYT says »

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PRU

Prudential

$110.50

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Wells Fargo

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PRU

Prudential

$110.50

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WFC

Wells Fargo

$58.36

0.11 (0.19%)

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PSA

Public Storage

$226.24

-1.49 (-0.65%)

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CS

Credit Suisse

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La-Z-Boy

$28.40

-1.05 (-3.57%)

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Downgrade
La-Z-Boy rating change  »

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CLD

Cloud Peak

$5.68

-0.19 (-3.24%)

19:06
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19:06
Syndicate
Cloud Peak 13.5M share Spot Secondary priced at $5.10 »

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SNAP

Snap Inc

18:47
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SBLK

Star Bulk Carriers

$9.59

0.29 (3.12%)

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C

Citi

$60.62

0.07 (0.12%)

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PRAH

PRA Health

$59.98

-0.71 (-1.17%)

18:34
02/22/17
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18:34
Earnings
PRA Health sees FY17 EPS $3.08-$3.18, consensus $2.96 »

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Fidelity & Guaranty Life

$26.30

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, ATH

Athene Holding

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Athene Holding

$51.45

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APO

Apollo Global

$22.25

0.05 (0.23%)

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PRAH

PRA Health

$59.98

-0.71 (-1.17%)

18:31
02/22/17
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18:31
Earnings
PRA Health sees Q1 EPS 57c-62c, consensus 67c »

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