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Disney's Stock Falls On Downgrade, Cowen Says Parks Won't Fully Recover Until 2025
Thursday, July 16, 2020 - 12:32pm | 408The recent surge of COVID-19 cases has put reopening targets on hold for many U.S. companies, such as Walt Disney Co (NYSE: DIS). On Thursday, one Disney analyst ran out of patience. The Disney Analyst: Cowen analyst Doug Creutz downgraded Disney from Outperform to Market Perform and cut his...
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Blizzard Games Reduces Penalty For Pro-Hong Kong Outburst, But Says Players Need To Stick To Game Talk
Monday, October 14, 2019 - 5:00pm | 755Activision Blizzard, Inc. (NASDAQ: ATVI) acknowledged Friday that it acted too quickly and harshly in sanctioning an esports competitor who used a livestreamed post-match interview to express solidarity with Hong Kong protesters, but defended the need to regulate player behavior. Blizzard said the...
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Cowen Upgrades Disney, Bullish On Streaming Service And Movie Pipeline
Tuesday, April 9, 2019 - 9:33am | 338Analysts at Cowen turned bullish on Walt Disney Co (NYSE: DIS) ahead of the company's investor day presentation this week. The Analyst Cowen's Doug Creutz upgraded Disney from Market Perform to Outperform with a price target lifted from $102 to $131. The Thesis Disney's presentation on...
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Analysts: Moonves Trouble Creates Overhang For CBS Stock, Renders Viacom Merger 'More Inevitable'
Tuesday, July 31, 2018 - 11:22am | 603The CBS Corporation (NYSE: CBS) board decided Monday to retain CEO Les Moonves while independent investigators probe sexual harassment claims. “This board is in a pickle,” Keach Hagey of the Wall Street Journal said on CNBC. “This board is in big trouble.” A Les-Focused CBS...
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Activision, Take-Two Could See Disappointing Earnings Ahead
Monday, October 9, 2017 - 2:25pm | 527So much to play, so little time. Activision Blizzard, Inc. (NASDAQ: ATVI) and Take Two Interactive Software Inc (NASDAQ: TTWO) will wrap up this release season for the most valuable consumer resources. “Because of the crowded slate and continued expansion of in-game live services, we expect...
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Have You Enjoyed Disney's String Of Live-Action Remakes? Get Ready For A Lot More
Wednesday, March 15, 2017 - 9:01am | 457Walt Disney Co (NYSE: DIS) is likely sitting on a new billion dollar movie franchise with its remake of the classic "Beauty and the Beast" film. So it's only natural for Disney's executives to be taking a closer look at what other classic films it can remake to create new multiple...
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Cowen Cuts Activision Estimates But Remains Bullish
Wednesday, January 4, 2017 - 12:56pm | 304After a lost year in 2016, Activision Blizzard, Inc. (NASDAQ: ATVI) shareholders are hoping that the stock can level up in 2017. Activision shares dropped roughly 4 percent in 2016 during a strong year for the market, but Cowen analyst Doug Creutz is optimistic that the stock will make up for some...
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Investors Cheer Take-Two Interactive's Earnings; What Does The Street Think?
Friday, November 4, 2016 - 10:54am | 520Take-Two Interactive Software, Inc. (NASDAQ: TTWO) saw its shares gain nearly 8 percent on Thursday and hit a new 52-week high of $49.99 after the company reported a top- and bottom-line beat in its second-quarter earnings report. Here is a look at what some of Wall Street's top analysts had to say...
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Cowen's Gamescom Takeaways
Monday, August 22, 2016 - 10:12am | 432The latest Ordometer indicates that Call of Duty: Infinite Warfare [CoD] had trended weakly last week, versus Black Ops III last year. However, while considering the latest Ordometer score for CoD, it should be remembered that this was not “a typical pre-launch for the game in several...
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Activision Blizzard Remains A Favorite Idea At Cowen
Thursday, June 30, 2016 - 11:24am | 410Cowen said Activision Blizzard, Inc. (NASDAQ: ATVI) remains its favorite idea, as the firm still expects the video game maker to finish the year north of $2 in EPS, even including FX impact. "We are raising our PF FY16 estimate (which treats King [Digital] as if it had been acquired on January 1,...
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Cowen: Electronic Arts Not The Favorite, But Set For Big Quarter
Thursday, January 7, 2016 - 2:42pm | 396Cowen published a report sharing some conclusions from its December Casual Digital Gaming Monthly (CDGM) survey on Thursday. According to analysts Doug Creutz and Stephen Glagola, the data indicated “little change in positioning among the top mobile game publishers.” In...
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Activision Blizzard Has Been Investing In Content (And It's Been Paying Off)
Monday, September 28, 2015 - 10:03am | 366Activision Blizzard, Inc. (NASDAQ: ATVI) shares have surged 60 percent year-to-date, and are trading close to the higher end of their 52-week range of $17.73 - $32.50. Cowen & Co’s Doug Creutz maintained an Outperform rating on the company, while raising the price target from $28...
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Why This Cowen Analyst Sees 60% Upside In Glu Mobile
Wednesday, September 23, 2015 - 10:56am | 355The share price of Glu Mobile Inc. (NASDAQ: GLUU) has risen by almost 20 percent year-to-date. Cowen’s Doug Creutz has maintained an Outperform rating and price target of $8 on the company. The initial performance of Deer Hunter 2016 appears promising, while Kim Kardashian:...
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UPDATE: Cowen & Co. Upgrades Fox On Withdrawal Of Time Warner Bid
Thursday, August 7, 2014 - 11:27am | 200Following the announcement that Twenty-First Century Fox (NASDAQ: FOXA) rescinded its bid for Time Warner (NYSE: TWX), Cowen & Co. analyst Doug Creutz upgraded shares of Fox from Underperform to Market Perform and raised the price target from $29 to $35. Creutz has chosen to move the stock...
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King Digital Giving Back Some Of Monday's Big Gains
Tuesday, July 1, 2014 - 10:10am | 171King Digital Entertainment (NYSE: KING) shares are down about two percent Tuesday', giving back some of its recent big gains. The maker of the popular Candy Crush computer game had been up Monday as much as 17 percent on at least a couple of positive analysts' notes. The shares traded...