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How Amazon, Disney And Others Are Beating Netflix At Its Own Game: Analyst
Monday, April 11, 2022 - 11:41am | 654Streaming giant Netflix, Inc. (NASDAQ: NFLX) is slowly and steadily ceding its dominant market positioning, according to a survey by KeyBanc Capital Markets. The results were based on a survey of 1,039 consumers in the U.S. on their TV and direct-to-consumer media viewership habits. Netflix Under...
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Here's Why Apple Analysts Are Bullish Over 'Peek Performance' Event
Wednesday, March 9, 2022 - 3:33pm | 1110Apple, Inc. (NASDAQ: AAPL) announced a few breakthrough products at its Spring launch event, dubbed "Peek Performance," held on Tuesday. Here are all the sell-side reactions to the announcements: The Apple Analysts: Morgan Stanley analyst Katy Huberty maintained an Overweight rating and...
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'Bringing Back The Magic': 4 Disney Analysts React To The Mouse's Q1 Beat
Thursday, February 10, 2022 - 1:15pm | 439Walt Disney Co (NYSE: DIS) shares were rallying Thursday after the company reported a big first-quarter earnings beat. Disney reported fiscal first-quarter adjusted EPS of $1.06 on $21.82 billion in revenue. Both numbers exceeded consensus analyst estimates of 63 cents and $20.91 billion,...
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Why 7 Apple Analysts Say Investors Should Take A Bite Of The Stock After Q1 Blowout
Friday, January 28, 2022 - 12:24pm | 1089Apple Inc (NASDAQ: AAPL) reported Thursday strong quarterly results, buoyed by across-the-board strength. The Apple Analyst: Morgan Stanley analyst Katy Huberty maintained an Overweight rating for Apple shares and increased the price target from $200 to $210. Needham analyst Laura Martin...
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Apple Unseats Samsung As World's Top Smartphone Vendor In Q4; Is Cupertino Priming For A Bumper Quarter?
Tuesday, January 18, 2022 - 4:00pm | 500Apple Inc (NASDAQ: AAPL) has taken the pole position in global smartphone shipments in the fourth quarter, confirming the current strength of the iPhone cycle. Apple Reigns Supreme: Cupertino's share of worldwide smartphone shipments stood at 22% in the fourth quarter, according to a...
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Apple Analyst Explains Why Cupertino Is Tracking Ahead Of Expectations In December Quarter
Monday, January 10, 2022 - 10:49am | 429Apple, Inc. (NASDAQ: AAPL) shares, which have come off from their all-time highs reached at the start of the year, could have an impending catalyst in the form of its earnings report. The Apple Analyst: KeyBanc Capital Markets analyst Brandon Nispel reiterated an Overweight rating and $191 price...
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Apple Analyst: Cupertino's Stock Is Attractive Versus Other Mega Caps Despite Valuation
Monday, December 6, 2021 - 5:06pm | 489Apple, Inc. (NASDAQ: AAPL) shares are rebounding after the weakness witnessed late last week on reports of weaker iPhone demand. Notwithstanding the rich valuation the shares have built up this year, they are still a buy, according to an analyst at KeyBanc Capital Markets. The Apple Analyst:...
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Sports, News And Tubi: 3 Analysts Debate Fox Corporation's Q1 Revenue Beat
Thursday, November 4, 2021 - 4:25pm | 441Strong advertising revenue, sports coverage and the streaming platform Tubi were among the highlights from Fox Corporation’s first-quarter financial results for analysts. The Fox Analysts: Morgan Stanley analyst Benjamin Swinburne has an Overweight rating on Fox Corporation (NASDAQ: FOX) (...
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Disney+ Strong Beat, Theme Park Recovery Ahead Of Schedule: Analysts React To Q3 Earnings
Friday, August 13, 2021 - 1:30pm | 674Walt Disney Co (NYSE: DIS) reported third-quarter earnings and analysts have shared their thoughts and updated guidance. The Disney Analysts: Morgan Stanley analyst Benjamin Swinburne reiterates an Overweight rating and $210 price target. Wells Fargo analyst Steven Cahall has an Overweight rating...
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'Still A Beat And Raise Story': Wall Street Cheers T-Mobile Following Earnings Beat
Wednesday, May 5, 2021 - 1:15pm | 595T-Mobile US Inc (NASDAQ: TMUS) traded higher by 3.9% on Wednesday after the company reported a first-quarter earnings beat and impressive subscriber growth numbers. For the first quarter, T-Mobile reported adjusted EPS of 74 cents on revenue of $19.8 billion. Both numbers beat consensus analyst...
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BofA Upgrades Bank of Montreal, Downgrades Royal Bank of Canada
Tuesday, March 2, 2021 - 1:13pm | 316Canadian banks reported upbeat earnings for their fiscal first quarter, while the stricter lockdowns in recent months did not alter their credit outlooks, according to BofA Securities. The Canadian Banks Analyst: Brandon Nispel upgraded the rating for Bank of Montreal (NYSE: BMO) from Neutral to...
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KeyBanc Upgrades Akamai Technologies After Analyst Day
Tuesday, March 2, 2021 - 11:50am | 234At its latest Analyst Day, Akamai Technologies, Inc. (NASDAQ: AKAM) provided significant insight into its business. In particular, its large product category revenue streams within Edge Technologies and Security Technologies, according to KeyBanc Capital Markets. The Akamai Technologies...
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KeyBanc Bullish On Disney Among Media Stocks, Says Streaming 'Fundamentally Worse Business' Than Pay TV
Wednesday, December 9, 2020 - 1:10pm | 550The 2020 pandemic has facilitated what many investors see as a secular decline in traditional media and a rise in streaming video services. On Wednesday, KeyBanc initiated coverage of four large-cap media companies at the epicenter of this transition. The Analyst: Brandon Nispel initiated...
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KeyBanc Turns Bearish On AT&T, Says Consumers Facing Macro Pressure
Monday, October 5, 2020 - 1:15pm | 343KeyBanc Capital Markets data indicates a month-on-month decline in AT&T Inc’s (NYSE: T) wireless postpaid average revenue per user, suggesting limited improvement in service revenue in the third quarter. The AT&T Analyst: Brandon Nispel downgraded AT&T from Sector Weight to...
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AT&T Shares Lower On Concerning TV Subscriber Trends
Wednesday, November 20, 2019 - 12:57pm | 450Credit card spending data shows slowing subscription rates for AT&T Inc.'s (NYSE: T) AT&T TV Now and DirecTV services and a drop in the number of subscribers for HBO in October, sending the company's stock lower on Wednesday. "While video monetization remains healthy,...