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Bidding War Could Be In Store For 21st Century Fox
Friday, November 17, 2017 - 9:21am | 422Comcast Corporation (NASDAQ: CMCSA) is reportedly in talks to acquire some of Twenty-First Century Fox Inc (NASDAQ: FOXA), a mere days after reports suggested that Walt Disney Co (NYSE: DIS) held similar talks with Fox. The Analyst Rosenblatt Securities' Alan Gould maintains a Buy rating on...
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Binging On Netflix, Sell-Side Style: Analysts Review Company's Q3 Earnings
Tuesday, October 17, 2017 - 12:04pm | 598Netflix, Inc. (NASDAQ: NFLX) shares are surprisingly flat on Tuesday morning after the company reported its third-quarter earnings Monday afternoon. The market can’t seem to decide what to make of Netflix’s numbers. Here’s what six Wall Street analysts had to say. Voices From The...
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Netflix Q3 Impresses, Q4 Looks 'Bright'
Tuesday, October 17, 2017 - 8:14am | 390Netflix, Inc. (NASDAQ: NFLX) impressed investors in its third-quarter earnings report Monday, which helped boost shares to all-time highs. More importantly, the company's momentum is expected to continue; its fourth-quarter outlook looks "bright," according to Rosenblatt Securities' Alan Gould....
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Here Are The Key Numbers People Want To See From Netflix This Quarter
Monday, October 16, 2017 - 8:24am | 388Shares of Netflix, Inc. (NASDAQ: NFLX) were trading at new all-time highs of $201.22 early Monday morning ahead of the company's third-quarter earnings report, which will be released after the market close. Wall Street analysts are modeling Netflix to report 4.50 million net subscriber additions...
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Don't Expect Viacom Shares To Outperform While Charter Negotiations Ongoing
Thursday, October 12, 2017 - 12:08pm | 370Shares of Viacom, Inc. (NASDAQ: VIAB) were trading lower by about 5 percent Thursday after the company confirmed that Charter Communications, Inc. (NASDAQ: CHTR)'s customers could lose access to some of its TV properties, including MTV and Comedy Central. Viacom confirmed it's attempting to...
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Wall Street Is Mostly Positive On Netflix's Price Hike
Monday, October 9, 2017 - 8:46am | 750Netflix, Inc. (NASDAQ: NFLX) announced last week it will be boosting the monthly cost for consumers to use its service for its high-end and medium-end packages. The report was for the most part well received by Wall Street analysts, some of which revised their bullish stance upward. Oppenheimer:...
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Netflix Flexes Its Pricing Power
Friday, October 6, 2017 - 9:46am | 557Shares of Netflix, Inc. (NASDAQ: NFLX) gained more than 5 percent on Thursday and hit a new all-time high of $194.49 as investors reacted favorably to the company's announcement of a price hike for U.S. consumers. The cost for Netflix's high-end plan, which allows users to stream on four devices in...
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Rosenblatt On Why Disney's Distribution Deals Matter
Thursday, September 28, 2017 - 10:06am | 387Walt Disney Co (NYSE: DIS) is making a bold move by launching its own over-the-top streaming service, and a critical part of the success of that service will be negotiating distribution deals. The streaming service may be the right move for Disney in the long-haul, but Rosenblatt Securities analyst...
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It Might Be A Good Time To Buy CBS Shares
Wednesday, September 20, 2017 - 9:27am | 470CBS Corporation (NYSE: CBS) declined about 9 percent thus far in September, in sympathy with other media stocks. They were on the wane over the past few weeks after Walt Disney Co (NYSE: DIS) provided below-consensus guidance for 2017 and Comcast Corporation (NASDAQ: CMCSA) announced that third...
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The Netflix Effect Is Only Half The Story For Disney
Wednesday, August 16, 2017 - 1:40pm | 406Walt Disney Co (NYSE: DIS) shares have been drifting lower by more than 7.7 percent since the beginning of the month, and some investors have attributed much of the weakness to the company’s recent announcement that it is pulling its content from the Netflix, Inc. (NASDAQ: NFLX) platform and...
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Netflix: Buy The Disney Dip
Wednesday, August 16, 2017 - 8:44am | 395Netflix, Inc. (NASDAQ: NFLX)'s stock was inching towards the $200 per share mark throughout July, but Walt Disney Co (NYSE: DIS)'s decision to end its relationship with Netflix as of 2019 has put a dent in Netflix's stock momentum. After peaking at $191.50 in July, Netflix's stock closed on Tuesday...
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Rosenblatt Raises Netflix Target To $200 After Quarter That Was 'Just Too Good'
Tuesday, July 18, 2017 - 8:32am | 357Analysts at Rosenblatt Securities turned incrementally bullish on Netflix, Inc. (NASDAQ: NFLX) after the company reported its second-quarter earnings, which was "just too good." The firm's Alan Gould upgraded the stock from Neutral to Buy with a price target boosted from $155 to $200...
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Can Netflix's Q2 Earnings Propel The Stock To Record Territory?
Monday, July 17, 2017 - 10:31am | 938Netflix, Inc. (NASDAQ: NFLX)'s second-quarter results are likely to provide evidence of how well the company is gaining traction from its thrust towards original content. The company's focus to capitalize on the underpenetrated international markets present a good opportunity for it to...
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News Corp Is A 'Digital Real Estate Play Wrapped Inside A Newspaper Company'
Friday, July 14, 2017 - 11:56am | 358Despite popular belief, News Corp (NASDAQ: NWSA) isn't a "declining newspaper company," at least according to analysts at Rosenblatt Securities. The firm's Alan Gould initiates coverage of News Corp's stock with a Buy rating and $17 price target given the disconnect between perception and reality....
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Approval Of The Fox/Sky Transaction Likely Despite UK Regulator Stalling, Says Rosenblatt
Friday, June 30, 2017 - 8:22am | 405Rupert Murdoch's Twenty-First Century Fox Inc (NASDAQ: FOXA) already owns a 39-percent stake in the British-based satellite broadcaster Sky, but his quest to acquire the remaining 61 percent has now stalled. Fox's £11.7 billion deal to acquire the remaining stake in Sky is now being questioned by...