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Fly News Breaks for November 11, 2019
NFLX, DIS
Nov 11, 2019 | 08:00 EDT
Argus analyst Joseph Bonner raised his price target on Disney (DIS) to $160 and kept his Buy, saying the company posted a 5% growth in consolidated segment operating income in Q4 despite the "financial noise" around its Fox and Hulu acquisitions as well as the boost in spending on DTC streaming video. The analyst notes that this week's launch of Disney+ marks the "cornerstone" of its DTC strategy, adding that while the costs of the strategy are high, it is a necessary move against the surging competition from Netflix (NFLX).
News For DIS;NFLX From the Last 2 Days
NFLX
Apr 24, 2024 | 14:02 EDT
Comcast (CMCSA) is scheduled to announce quarterly results on April 25, while Paramount (PARA) and Warner Bros. Discovery (WBD) are... To see the rest of the story go to thefly.com. See Story Here
DIS
Apr 23, 2024 | 06:17 EDT
