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CMCSA

Comcast

$36.75

-1.44 (-3.77%)

, CMCSK

Comcast

$0.00

(0.00%)

18:58
11/20/18
11/20
18:58
11/20/18
18:58

Megyn Kelly seen to leave NBC News with entirety of $69M deal, WSJ says

Megyn Kelly is anticipated to walk away from Comcast's NBC News with over $30M, the full value remaining on the three-year, $69M contract with the network, the Wall Street Journal reports, citing people familiar with the matter. Kelly's exit pact with NBC News could come as soon as next week, the report says. The issues the two sides are negotiating over are largely "nonfinancial," the report says. Reference Link

CMCSA

Comcast

$36.75

-1.44 (-3.77%)

CMCSK

Comcast

$0.00

(0.00%)

  • 03

    Dec

CMCSA Comcast
$36.75

-1.44 (-3.77%)

10/30/18
MSCO
10/30/18
NO CHANGE
Target $95
MSCO
Overweight
WWE shares 'on sale' after pullback, says Morgan Stanley
Morgan Stanley analyst Benjamin Swinburne noted that WWE (WWE) shares are down by over 30% this month, which he sees as a "rare opportunity" to buy shares of a company that he sees having both highly visible earnings growth and growing intellectual property value. He attributes the rapid selloff primarily to a broader market rotation out of risk assets due to rising interest rates and concerns over achieving long-term growth, but he thinks this "does not make sense" given that WWE's EBITDA opportunity "is not a decade away, but rather a year away," Swinburne tells investors. Two contracts underwritten by Comcast (CMCSA) and Fox (FOXA) drive the bulk of its earnings growth and its financial outlook has no immediate exposure to ratings or cord-cutting, Swinburne added. While he trimmed his price target on WWE shares to $95 from $105 after bumping up his investment expectations for 2019, the analyst maintains an Overweight rating on the stock.
11/08/18
MSCO
11/08/18
INITIATION
Target $46
MSCO
Overweight
Comcast resumed with an Overweight at Morgan Stanley
Morgan Stanley analyst Benjamin Swinburne resumed coverage of Comcast (CMCSA) with an Overweight rating and $46 price target, stating that while the burden of proof is on the company to successfully execute its Sky (SKYAY) acquisition, the stock's multiple has compressed even though his expectation for Comcast's consolidated growth outlook has not materially changed. In the near-term, Sky will be accretive to that growth rate, Swinburne added. He also said that Comcast "remains first and foremost a US cable business," and he sees broadband as a secular growth driver with a long-term runway.
11/08/18
11/08/18
INITIATION

On The Fly: Top analyst initiations
Catch up on today's top analyst initiations with this list compiled by The Fly: 1. Stanley Black & Decker (SWK) initiated with a Hold at Deutsche Bank. 2. Comcast (CMCSA) resumed with an Overweight at Morgan Stanley while Amarin (AMRN) and Immunomedics (IMMU) were assumed with a Buy at the firm. 3. Broadcom (AVGO) resumed with a Buy at Deutsche Bank and reinstated with an Overweight at JPMorgan. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
11/13/18
LEHM
11/13/18
INITIATION
Target $44
LEHM
Overweight
Comcast reinstated with an Overweight at Barclays
Barclays analyst Kannan Venkateshwar reinstated coverage of Comcast with an Overweight rating and $44 price target. Negativity around the Sky deal seems overstated, Venkateshwar tells investors in a research note. There is "little doubt" that Comcast overpaid for Sky using any conventional valuation metric, says the analyst. However, he also believes looking at transaction multiples "essentially assumes a static strategic state for the combination, which is unlikely." The analyst thinks Comcast's guidance on synergies is likely to prove conservative.
CMCSK Comcast
$0.00

(0.00%)

10/03/18
STFL
10/03/18
NO CHANGE
Target $155
STFL
Buy
Trade Desk pullback due to misplaced concerns about Amazon, says Stifel
Stifel analyst John Egbert raised his mid- and long-term estimates for Trade Desk (TTD) citing momentum from new advertiser wins and the fact that platform spend and attach rates are benefiting from the recent New Wave product launch. He believes recent weakness in Trade Desk shares may be related to worries over online reports suggesting Amazon (AMZN) has discussed building a proprietary video ad serving product for its own streaming business, but sees these concerns as misplaced, Egbert added. Based on the available information, it seems like Amazon is focusing on video ad server technology, not a connected TV ad buying software tool, which would pit it against Trade Desk partners Comcast's (CMCSA) Freewheel and Google (GOOGL) Ad Manager, not Trade Desk itself, Egbert explains. He maintains a Buy rating on Trade Desk and raised his price target on the stock to $155 from $130.
10/26/18
10/26/18
UPGRADE
Target $44

Outperform
Credit Suisse upgrades Comcast to Outperform on increased confidence in growth
As previously reported, Credit Suisse analyst Douglas Mitchelson upgraded Comcast to Outperform from Neutral, stating that he has increased confidence in its growth outlook given renewed momentum in broadband net adds, pricing upside, the deteriorating competitive positioning of satellite, wireless investment likely having peaked, and NBCU being well positioned. Additionally, he sees the potential for capital intensity to moderate meaningfully over time. Mitchelson increased his estimates above consensus and raised his price target on Comcast shares to $44 from $36.

TODAY'S FREE FLY STORIES

ENGIY

Engie SA

$0.00

(0.00%)

, EME

Emcor

$79.55

2.64 (3.43%)

06:15
04/22/19
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06:15
04/22/19
06:15
Periodicals
France's Engie mulls takeover of Emcor, Bloomberg reports »

French energy firm Engie…

ENGIY

Engie SA

$0.00

(0.00%)

EME

Emcor

$79.55

2.64 (3.43%)

03/08/13
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CAL

Caleres

$27.55

0.425 (1.57%)

06:14
04/22/19
04/22
06:14
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06:14
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Caleres rating change  »

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DOV

Dover

$97.93

1.12 (1.16%)

06:14
04/22/19
04/22
06:14
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06:14
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Dover rating change  »

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03/08/13
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  • 02

    May

TEVA

Teva

$14.36

0.14 (0.98%)

06:13
04/22/19
04/22
06:13
04/22/19
06:13
Hot Stocks
Teva receives FDA approval to market generic nasal spray for opioid overdoses »

The U.S. Food and Drug…

03/08/13
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RCI

Rogers Communications

$51.39

-1.76 (-3.31%)

06:13
04/22/19
04/22
06:13
04/22/19
06:13
Downgrade
Rogers Communications rating change  »

Rogers Communications…

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  • 14

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    May

TEVA

Teva

$14.36

0.14 (0.98%)

06:10
04/22/19
04/22
06:10
04/22/19
06:10
Hot Stocks
Teva receives FDA approval to market generic nasal spray for opioid overdoses »

The U.S. Food and Drug…

03/08/13
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03/06/13
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03/06/13
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  • 02

    May

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    May

CAL

Caleres

$27.55

0.425 (1.57%)

06:09
04/22/19
04/22
06:09
04/22/19
06:09
Upgrade
Caleres rating change  »

Caleres upgraded to Buy…

03/08/13
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03/08/13
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TBK

Triumph Bancorp

$29.38

-1.37 (-4.46%)

06:08
04/22/19
04/22
06:08
04/22/19
06:08
Downgrade
Triumph Bancorp rating change  »

Triumph Bancorp…

03/08/13
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  • 30

    Apr

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  • 16

    May

OKE

Oneok

06:08
04/22/19
04/22
06:08
04/22/19
06:08
Downgrade
Oneok rating change  »

Oneok downgraded to…

03/08/13
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03/08/13
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03/06/13
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  • 01

    May

  • 22

    May

MANH

Manhattan Associates

$57.31

0.18 (0.32%)

06:07
04/22/19
04/22
06:07
04/22/19
06:07
Upgrade
Manhattan Associates rating change  »

Manhattan Associates…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 23

    Apr

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    May

NSANY

Nissan

$0.00

(0.00%)

06:07
04/22/19
04/22
06:07
04/22/19
06:07
Hot Stocks
Nissan says Nikkei output cut report 'completely incorrect' »

Nissan said in a…

03/08/13
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03/08/13
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03/06/13
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ALV

Autoliv

$86.75

1.26 (1.47%)

06:06
04/22/19
04/22
06:06
04/22/19
06:06
Downgrade
Autoliv rating change  »

Autoliv downgraded to…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 26

    Apr

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  • 23

    May

BXG

Bluegreen Vacations

$14.91

-0.43 (-2.80%)

06:06
04/22/19
04/22
06:06
04/22/19
06:06
Hot Stocks
Bass Pro to cancel access from Bluegreen Vacations »

As previously announced,…

03/08/13
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03/06/13
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TSLA

Tesla

$273.25

2.13 (0.79%)

06:06
04/22/19
04/22
06:06
04/22/19
06:06
Periodicals
Tesla probes incident of vehicle fire in Shanghai, CNBC reports »

Tesla immediately sent a…

03/08/13
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03/06/13
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  • 22

    Apr

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    Apr

BBBY

Bed Bath & Beyond

$17.43

0.14 (0.81%)

06:05
04/22/19
04/22
06:05
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06:05
Hot Stocks
Bed Bath & Beyond forms Business Transformation and Strategy Review Committee »

The Bed Bath & Beyond…

03/08/13
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KKR

KKR

$23.75

0.285 (1.21%)

06:04
04/22/19
04/22
06:04
04/22/19
06:04
Periodicals
KKR, EQT potential biddres for Thomas Cook, Sky News reports »

Thomas Cook has been…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 30

    Apr

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    Jun

IPGP

IPG Photonics

06:04
04/22/19
04/22
06:04
04/22/19
06:04
Upgrade
IPG Photonics rating change  »

IPG Photonics upgraded to…

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  • 30

    Apr

SC

Santander Consumer

$22.54

-0.16 (-0.70%)

06:04
04/22/19
04/22
06:04
04/22/19
06:04
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Santander Consumer rating change  »

Santander Consumer…

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  • 30

    Apr

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    Jul

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    Oct

WASH

Washington Trust

$50.05

-0.06 (-0.12%)

06:04
04/22/19
04/22
06:04
04/22/19
06:04
Earnings
Washington Trust reports Q1 EPS $1.00, consensus 95c »

Reports Q1 loan loss…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 22

    Apr

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    Apr

  • 13

    May

NI

NiSource

$27.56

-0.03 (-0.11%)

06:04
04/22/19
04/22
06:04
04/22/19
06:04
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NiSource rating change  »

NiSource downgraded to…

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  • 01

    May

  • 07

    May

BBBY

Bed Bath & Beyond

$17.43

0.14 (0.81%)

06:03
04/22/19
04/22
06:03
04/22/19
06:03
Hot Stocks
Bed Bath & Beyond announces announces board 'transformation' »

Bed Bath & Beyond …

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BMS

Bemis

$55.45

-0.37 (-0.66%)

06:03
04/22/19
04/22
06:03
04/22/19
06:03
Hot Stocks
Bemis CEO says 'we delivered another strong earnings quarter' »

"We delivered…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 02

    May

  • 18

    May

OXY

Occidental Petroleum

$61.79

-0.85 (-1.36%)

, APC

Anadarko

$64.18

0.16 (0.25%)

06:02
04/22/19
04/22
06:02
04/22/19
06:02
Downgrade
Occidental Petroleum, Anadarko rating change  »

Occidental Petroleum…

OXY

Occidental Petroleum

$61.79

-0.85 (-1.36%)

APC

Anadarko

$64.18

0.16 (0.25%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 07

    May

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    May

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    May

BMS

Bemis

$55.45

-0.37 (-0.66%)

06:01
04/22/19
04/22
06:01
04/22/19
06:01
Earnings
Bemis reports Q1 adjusted EPS 67c, consensus 65c »

Reports Q1 revenue $1B,…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 02

    May

  • 18

    May

EBF

Ennis

$20.51

-0.33 (-1.58%)

06:01
04/22/19
04/22
06:01
04/22/19
06:01
Earnings
Ennis reports Q4 cont ops EPS 32c, consensus 33c »

Reports Q4 revenue…

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03/06/13
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