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FOX

Fox Corp.

$37.45

-1.43 (-3.68%)

, DIS

Disney

$108.30

-0.36 (-0.33%)

08:32
03/25/19
03/25
08:32
03/25/19
08:32

Fox Corp price target raised to $41 after 21CF sale at RBC Capital

RBC Captial analyst Steven Cahall raised his price target on Fox Corp (FOX) to $41 to reflect the impact of its sale of 21st Century Fox to Disney (DIS) on its share count and per-share items. The analyst is keeping his Sector Perform rating however and maintains that his thesis on Fox Corp remains "somewhat cautious" because of its valuation relative to peers and some uncertainty about the company's capital allocation plans. Cahall says that unlike other more bullish sell-side analysts, he does not see the company's free cash flow per share tracking ahead of adjusted earnings, adding that its programming cost growth may also "remain elevated".

FOX

Fox Corp.

$37.45

-1.43 (-3.68%)

DIS

Disney

$108.30

-0.36 (-0.33%)

  • 11

    Apr

  • 08

    May

FOX Fox Corp.
$37.45

-1.43 (-3.68%)

11/08/18
MSCO
11/08/18
NO CHANGE
Target $54
MSCO
Overweight
Morgan Stanley raises 'New Fox' estimates after 21st Century Fox report
Morgan Stanley analyst Benjamin Swinburne said 21st Century Fox's Q1 results reinforced his conviction in his Overweight view, as he believes its strong distribution and ad sales results in the U.S. underscore Fox's pricing power. Following the quarterly report, Swinburne raised his estimates for "New Fox" and increased his price target on 21st Century Fox shares to $54 from $53 based on his value of $13 per share for "New Fox" and $41 per share for "RemainCo." The analyst also noted that Fox's international cable networks came in below his expectations, adding that he believes Disney's (DIS) acquisition of Fox's content production assets and Star India, along with gaining a majority stake in Hulu, are the primary growth drivers.
12/06/18
CHLM
12/06/18
INITIATION
Target $5
CHLM
Buy
Telaria initiated with a Buy at Craig-Hallum
Craig-Hallum analyst Jason Kreyer started coverage of Telaria (TLRA) with a Buy rating and $5 price target. The analyst notes that the company's partnerships with over-the-top streaming providers such as Hulu, Sling (DISH), Sony's (SNE) VUE, Fox (FOXA), A&E, and FuboTV generated about 20% of total revenue last year and he projects it will grow to nearly 60% by 2020. As consumers continue to pivot toward over-the-top subscriptions, Telaria benefits from its agnostic platform that partners with a variety of publishers to monetize video ad content, Kreyer contends.
01/24/19
SOCG
01/24/19
DOWNGRADE
SOCG
Sell
21st Century Fox downgraded to Sell from Hold at Societe Generale
02/06/19
MSCO
02/06/19
NO CHANGE
Target $135
MSCO
Overweight
Disney's ESPN+ has surprised with early sub growth, says Morgan Stanley
Morgan Stanley analyst Benjamin Swinburne said in a note before the open that Disney's (DIS) Q1 results were broadly ahead of expectations. He said that ESPN+ has surprised him with its early sub growth ahead of "all eyes" being on the launch of Disney+ this fall and the consolidation of Hulu after the Fox (FOXA) deal closes. Additionally, the $150M drag on operating income for FY19 was lower than expected given fears over lost licensing revenues as Disney opts to keep much of its film and TV content in house, said Swinburne. He continues to see Disney shares offering compelling value and keeps an Overweight rating on the stock with a $135 price target.
DIS Disney
$108.30

-0.36 (-0.33%)

03/06/19
JPMS
03/06/19
NO CHANGE
JPMS
Disney streaming service can reach 160M worldwide subscribers, says JPMorgan
Disney om April 11 is expected to provide more detail on its direct-to-consumer initiatives, including the anticipated Disney-branded streaming service expected to launch late 2019, officially named Disney+, as well as ESPN+, which launched last year, JPMorgan analyst Alexia Quadrani tells investors in a research note. The analyst maintains a favorable view on the potential success of Disney+. She believes the streaming service can ultimately reach ~45M domestic and ~115M international subscribers for a total of 160M worldwide. Further, she points out that ESPN+ results have surpassed expectations. Quadrani believes Disney's multiplatform approach "is the only choice" and is confident the company "has the arsenal to succeed in this strategy." The analyst continues to have a suspended rating and price target on the shares.
03/08/19
BUCK
03/08/19
DOWNGRADE
Target $382
BUCK
Neutral
Buckingham downgrades Netflix to Neutral amid 'investor angst' over Disney+
As previously reported, Buckingham analyst Matthew Harrigan downgraded Netflix (NFLX) to Neutral from Buy, citing the stock's sensitivity to any market pullback, "investor angst" regarding what he calls "increasingly credible" competition from the Disney+ (DIS) streaming service and his concerns that his model for Netflix's long-term global membership growth may be optimistic given the rising competition. He also cites "further management flux" following the departure of the company's Chief Marketing Officer. Harrigan keeps a $382 price target on Netflix shares.
03/14/19
NEED
03/14/19
NO CHANGE
Target $85
NEED
Buy
Roku price target raised to $85 from $65 at Needham
Needham analyst Laura Martin raised her price target on Roku (ROKU) to $85 and kept her Buy rating, saying its 14% stock price decline yesterday was "overdone" while maintaining her view of the company as the "top pick for 2019". The analyst cites the company's position of an "arms dealer", aggregating 5K 3rd party streaming video apps into one platform. She also believes that "every new streaming service", including the upcoming offerings from Disney (DIS), AT&T (T) and Apple (AAPL) will sign contracts allowing for viewing on Roku device, adding that "TV advertisers" will have to follow the viewers since some 10M Roku users have no linear TV access. Moreover, Martin contends that Roku is in position to expand internationally or possibly be acquired.
03/21/19
WEDB
03/21/19
NO CHANGE
Target $215
WEDB
Outperform
Apple price target raised to $215 from $200 at Wedbush
Wedbush analyst Daniel Ives raised his price target for Apple (AAPL) to $215 from $200 ahead of the expected announcement of its "long awaited" streaming video service that will compete with the likes of Netflix (NFLX), Disney (DIS), Hulu, among others. The analyst views this as a pivotal step in further driving Apple's services flywheel, and believes it will only be the drumroll to a more transformative content acquisition during the course of 2019 for Apple. The services business remains the "wild card" in driving the valuation higher for Apple as he estimates the valuation of the services franchise for the company is worth roughly $400B on a standalone basis with this highly profitable segment poised to exceed $50B in revenues by 2020. Ives reiterates an Outperform rating on Apple's shares.

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EXPR

Express

$5.37

-0.26 (-4.62%)

11:15
12/13/19
12/13
11:15
12/13/19
11:15
Options
Express put volume heavy and directionally bearish »

Bearish flow noted in…

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CSVI

Computer Services

$0.00

(0.00%)

11:13
12/13/19
12/13
11:13
12/13/19
11:13
Hot Stocks
Computer Services names Brian K. Brown as permament CFO »

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UBER

Uber

$28.60

-0.08 (-0.28%)

11:10
12/13/19
12/13
11:10
12/13/19
11:10
Periodicals
Uber submits appeal to restore taxi license in London, Reuters reports »

Uber has submitted an…

03/08/13
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  • 06

    Jan

SNAP

Snap

$14.78

0.33 (2.28%)

, REGN

Regeneron

$376.32

4.22 (1.13%)

11:08
12/13/19
12/13
11:08
12/13/19
11:08
On The Fly
Snap upgrade, Sarepta target raises among today's top analyst actions »

Check out today's top…

SNAP

Snap

$14.78

0.33 (2.28%)

REGN

Regeneron

$376.32

4.22 (1.13%)

OIS

Oil States

$16.67

-0.965 (-5.47%)

PTEN

Patterson-UTI

$10.05

-0.33 (-3.18%)

SRPT

Sarepta

$133.84

33.45 (33.32%)

GILD

Gilead

$66.05

-1.59 (-2.35%)

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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  • 06

    Feb

  • 23

    Mar

NUE

Nucor

$57.08

-1.03 (-1.77%)

11:05
12/13/19
12/13
11:05
12/13/19
11:05
Hot Stocks
Nucor raises quarterly cash dividend to 40.25c per share »

The board of directors of…

03/08/13
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APHA

Aphria

$5.40

0.13 (2.47%)

11:05
12/13/19
12/13
11:05
12/13/19
11:05
Options
Aphria call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
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03/06/13
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03/06/13
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11:00
12/13/19
12/13
11:00
12/13/19
11:00
General news
Today's U.S. reports »

Today's U.S. reports…

GPS

Gap

$16.66

-0.36 (-2.12%)

10:55
12/13/19
12/13
10:55
12/13/19
10:55
Options
Gap put volume heavy and directionally bearish »

Bearish flow noted in Gap…

03/08/13
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10:55
12/13/19
12/13
10:55
12/13/19
10:55
Conference/Events
Federal Reserve Bank of New York president participates in a discussion »

New York Federal Reserve…

SPT

Sprout Social

$0.00

(0.00%)

10:52
12/13/19
12/13
10:52
12/13/19
10:52
Syndicate
Sprout Social indicated to open at $19.25, IPO priced at $17.00 »

Sprout Social (SPT)…

03/08/13
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  • 13

    Dec

SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$317.49

0.35 (0.11%)

10:47
12/13/19
12/13
10:47
12/13/19
10:47
General news
U.S. Trade Representative says Phase One trade deal with China 'enforceable' »

United States Trade…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$317.49

0.35 (0.11%)

03/08/13
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03/06/13
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03/06/13
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UNH

UnitedHealth

$286.83

3.03 (1.07%)

10:45
12/13/19
12/13
10:45
12/13/19
10:45
Options
UnitedHealth call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
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10:45
12/13/19
12/13
10:45
12/13/19
10:45
General news
Breaking General news story  »

New York Federal Reserve…

10:45
12/13/19
12/13
10:45
12/13/19
10:45
General news
Breaking General news story  »

New York Federal Reserve…

ALG

Alamo Group

$117.70

0.51 (0.44%)

10:43
12/13/19
12/13
10:43
12/13/19
10:43
Conference/Events
Alamo Group management to meet with Sidoti »

Meetings to be held in…

03/08/13
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  • 17

    Dec

  • 18

    Dec

ABT

Abbott

$86.48

0.5 (0.58%)

10:40
12/13/19
12/13
10:40
12/13/19
10:40
Hot Stocks
Abbott raises quarterly dividend 12.5% to 36c per share »

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03/08/13
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EXPO

Exponent

$65.46

-0.62 (-0.94%)

10:37
12/13/19
12/13
10:37
12/13/19
10:37
Conference/Events
Exponent management to meet with Sidoti »

Meeting to be held in…

03/08/13
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03/06/13
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  • 18

    Dec

FLWS

1-800-Flowers.com

$13.56

0.29 (2.19%)

10:35
12/13/19
12/13
10:35
12/13/19
10:35
Conference/Events
1-800-Flowers.com management to meet with Sidoti »

Meeting to be held in…

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  • 18

    Dec

FFIV

F5 Networks

$142.79

-0.84 (-0.58%)

10:35
12/13/19
12/13
10:35
12/13/19
10:35
Periodicals
Police raid Moscow office of F5 Networks' NGINX, ZDNet reports »

On Thursday, police…

03/08/13
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SPPI

Spectrum

$8.89

0.21 (2.42%)

10:35
12/13/19
12/13
10:35
12/13/19
10:35
Options
Spectrum put volume heavy and directionally bearish »

Bearish flow noted in…

03/08/13
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03/08/13
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SRPT

Sarepta

$133.61

33.22 (33.09%)

10:34
12/13/19
12/13
10:34
12/13/19
10:34
On The Fly
Sarepta jumps as analysts react to 'surprise' FDA reversal on Vyondys53 »

Shares of Sarepta…

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GPS

Gap

$17.02

(0.00%)

10:32
12/13/19
12/13
10:32
12/13/19
10:32
Hot Stocks
Gap's Old Navy unit teams up with Postmates for on-demand gift delivery »

Gap's Old Navy unit…

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10:30
12/13/19
12/13
10:30
12/13/19
10:30
General news
Treasury Action: yields remain lower, led by the front end, amid a lack of clarity »

Treasury Action: yields…

10:30
12/13/19
12/13
10:30
12/13/19
10:30
General news
The October U.S. business inventory report tracked estimates »

The October U.S. business…

SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$317.78

0.64 (0.20%)

10:29
12/13/19
12/13
10:29
12/13/19
10:29
General news
Breaking General news story on S&P 500, SPDR S&P 500 ETF Trust »

Trump says Phase Two…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$317.78

0.64 (0.20%)

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