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BofA Says Hasbro Stock Is A Long-Term Play
Wednesday, January 29, 2020 - 12:56pm | 378Hasbro, Inc. (NASDAQ: HAS) closed the acquisition of Entertainment One (OTC: ENTMF) in an all-cash transaction valued at around $4 billion. Although Hasbro’s story-led approach to monetize its intellectual property is a positive for the long term, the company’s shares are currency...
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Bank Of America Downgrades AMC Entertainment, Says Stock 'Feeling A Little Frozen'
Wednesday, December 18, 2019 - 10:40am | 371Movie theater chain AMC Entertainment Holdings Inc (NYSE: AMC) remains well-positioned within the exhibition marketplace but the bearish case for the stock can still be made, according to Bank of America. The Analyst Bank of America analyst Bryan Goldberg downgraded AMC Entertainment from...
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Disney+ Goes Live, Creates Promise For The Distributor But Risk For The Producer
Tuesday, November 12, 2019 - 9:50am | 640Walt Disney Co (NYSE: DIS) on Tuesday launched a highly anticipated and widely marketed Disney+. The new streaming service is poised to bolster Disney’s bottom line but challenge the growth of content creators. The Rating Bank of America analysts Jessica Reif Ehrlich and Bryan Goldberg...
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Bank Of America Downgrades AMC, Citing Limited Catalysts
Wednesday, October 30, 2019 - 1:34pm | 271AMC Networks Inc’s (NASDAQ: AMCX) third-quarter results could reflect higher licensing activity, offset by touch comparisons and subscription losses, according to Bank of America. The Analyst Bank of America’s Bryan Goldberg downgraded AMC Networks from Buy to Neutral, reducing the...
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3 Takeaways From SeaWorld CEO's Surprise Resignation
Tuesday, September 17, 2019 - 10:45am | 339SeaWorld Entertainment Inc (NYSE: SEAS) announced Monday evening that Gustavo Antorcha resigned as CEO and board member due to a "difference of approach." What Happened Antorcha's resignation will be effective immediately and he will be replaced with CFO Marc Swanson on an interim...
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BofA Cuts SeaWorld, Says Turnaround Is 'More Evolutionary Than Revolutionary'
Thursday, November 12, 2015 - 8:38am | 377SeaWorld Entertainment Inc (NYSE: SEAS) shares are up 1 percent year-to-date, despite a 15 percent decline in May 12. Bank of America Merrill Lynch’s Bryan Goldberg downgraded the rating on the company from Neutral to Underperform, while reducing the price target from $22 to $19....
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SeaWorld Extends Losses As Analysts Slash Ratings, Targets
Thursday, August 14, 2014 - 12:47pm | 314SeaWorld Entertainment (NYSE: SEAS) extended its earlier losses Thursday, shedding an additional five percent as at least three analysts slashed ratings on the theme park operator. SeaWorld crashed more than 30 percent Wednesday, after posting shrinking revenue and a lower outlook. The company...
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UPDATE: Bank of America Initiates SeaWorld at Buy on Risk/Reward Upside
Wednesday, May 29, 2013 - 8:53am | 225In a report published Wednesday, Bank of America analyst Bryan Goldberg initiated coverage on SeaWorld (NYSE: SEAS) with a Buy rating and $43.00 price target. In the report, Bank of America noted, “We initiate SeaWorld Entertainment (SEAS) with a Buy rating and a 12-month price objective (PO)...