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Outfront Media Shares Have Taken A Beating, But Is It Time To Buy?
Monday, June 5, 2017 - 9:15am | 340David Miller, managing director for Loop Capital Markets, has upgraded Outfront Media Inc (NYSE: OUT) to Buy as he sees over 18 percent of upside. After missing on nearly every consensus earnings metric, the stock has fallen 13 percent since its first-quarter earnings report. Miller believes the...
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The 'House Of Cards' Season 5 Debut May Be A Reason To Own Netflix Shares
Tuesday, May 23, 2017 - 12:05pm | 423With the highly-anticipated fifth season of the hit Netflix, Inc. (NASDAQ: NFLX) show “House of Cards” just a week away, the next two weeks could be a critical period for Netflix traders. Is 'House Of Cards' A Full Deck? “House of Cards” will likely give Netflix shares a...
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Analysts View Disney As A 2018 Story – Sell-Side Round Up Of Q2 Results
Thursday, May 11, 2017 - 2:14pm | 710Following Walt Disney Co (NYSE: DIS)'s fiscal second-quarter results, the sell-side sentiment was cautious near term. The media segment was pointed out as the Achilles' heel, as the ESPN subscriber erosion continued. That said, most analysts tout Disney as a 2018 story, expecting the company to...
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Analyst Out Defending AMC After Selloff
Thursday, May 11, 2017 - 1:04pm | 384Shares of AMC Entertainment Holdings Inc (NYSE: AMC) are now lower by more than 8 percent over the past five days as the company struggles to compete against streaming services and mobile devices. Despite a selloff, some among Wall Street are defending AMC's outlook. Loop Capital Markets'...
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Can Anything Distract Disney Investors From ESPN Focus?
Monday, May 8, 2017 - 10:41am | 430Few will fault Walt Disney Co (NYSE: DIS) investors for holding cautious views of the company heading into its fiscal second-quarter earnings report on Tuesday. According to Rosenblatt Securities' Alan Gould, one of the more notable drivers will be the incremental costs at Disney's ESPN...
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Where You Should Expect To See Effects Of Netflix's Breakthrough In China
Wednesday, April 26, 2017 - 11:18am | 448Netflix, Inc. (NASDAQ: NFLX) announced this week it will enter the Chinese market through a partnership with the country's biggest streaming platform, iQIYI. The announcement helped boost Netflix's stock higher by nearly 6 percent, as the entrance into the very large (but also very censored...
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Despite 5-Day Run Of New Highs, Disney's ESPN Slowdown And Cord-Cutting Merit Downgrade
Monday, April 24, 2017 - 9:59am | 451Shares of Walt Disney Co (NYSE: DIS) hit its fifth consecutive new 52-week high of $115.12 on Friday and the stock is now higher by nearly 10 percent since the start of 2017 and 170 percent over the past five years versus a 70 percent gain in the S&P 500 index and 58 percent in the Dow Jones...
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Netflix's Q2 Subscriber Guidance Was Well Ahead Of Analyst Expectations
Tuesday, April 18, 2017 - 10:28am | 536Loop Capital Markets highlighted in a note, the above-consensus second-quarter subscriber guidance Netflix, Inc. (NASDAQ: NFLX) issued along with its first-quarter earnings announcement. Above-Par Q2 Subscriber Guidance Discussing the Q2 guidance, analyst David Miller said the company's earnings...
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No No, Power Rangers? Sizing Up The Impact To Lions Gate If Ranger Reboot Goes Wrong
Thursday, March 23, 2017 - 3:01pm | 783Ahead of the theatrical release of the reboot of " Power Rangers," sell-side analysts weighed in on how it is likely to perform and the general prospects of Lions Gate Entertainment Corporation Class B Non-Voting Shares (NYSE: LGF-B) and Lions Gate Entertainment Corporation Class A Voting Shares...
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Netflix Is One Of The Only True Large-Cap Growth Stories In Media
Monday, March 20, 2017 - 10:19am | 350Analysts at Loop Capital Markets maintain a Buy rating on Netflix, Inc. (NASDAQ: NFLX) with a price target boosted to $167 from a previous $159 as the streaming video provider represents the lone true large-cap growth story in media. According to Loop Capital's David Miller, Netflix's dominance...
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March Madness Could Mean Big Buying Opportunity For CBS
Tuesday, March 14, 2017 - 9:10am | 370With the NCAA basketball tournament commencing, this could be a “big week” for both CBS Corporation (NYSE: CBS) and Time Warner Inc’s (NYSE: TWX) Turner Networks, Loop Capital Markets’ David Miller said in a report. “Based on recent conversations within the media...
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Disney's Shareholder Meeting Wednesday: Don't Expect The Agenda To Move The Stock
Wednesday, March 8, 2017 - 10:43am | 323David Miller of Loop Capital expects Wednesday’s shareholder meeting of Walt Disney Co (NYSE: DIS) in Denver won’t be a catalyst for the stock, saying, “It hardly ever is.” “[W]hile the shareholder meeting will likely see a lot of press today, we really do not expect...
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The Arb Spread On Time Warner Is Finally Thinning; Loop Downgrades Stock
Thursday, March 2, 2017 - 10:55am | 358On February 15, Time Warner Inc (NYSE: TWX) shareholders approved the $85.4 billion deal with AT&T Inc. (NYSE: T). Although the arbitrage spread is finally thinning, Time Warner’s shares are trading close to the deal price, Loop Capital Markets’ David Miller said in a report. Miller...
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Why Trump May Have Given CBS A Reason To Look At Buying New TV Stations
Tuesday, February 28, 2017 - 3:11pm | 468President Donald Trump's appointment of Ajit Pai as head of the Federal Communications Commission is prompting many experts to believe that the agency will change the television station cap rule in the United States. Backdrop The FCC has a cap on TV and radio stations a single entity can own....
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Can 'The Walking Dead' Continue To Bring AMC's Ratings To Life?
Friday, February 24, 2017 - 3:52pm | 367David Miller of Loop Capital believes AMC Networks Inc (NASDAQ: AMCX) should need a third "owned" hit similar to "The Walking Dead" series to revive its stock. The comments come as AMC investors are concerned over the dramatic decline in "The Walking Dead" live ratings thus far in Season...