-
Citi Raises Time Warner's Price Target On HBO, 'Batman V. Superman' Success
Wednesday, April 20, 2016 - 8:06am | 318Citi’s Jason B. Bazinet believes Time Warner Inc (NYSE: TWX)'s stock valuation warrants to trade at a higher P/E multiple due to various factors. Bazinet maintains a Buy rating on the company, while raising the price target from $83 to $85. Positive Trends The analyst mentioned that...
-
Citigroup Repeats Prediction Of Take-Out For Time Inc
Friday, November 14, 2014 - 3:43pm | 338Time Inc's (NYSE: TIME) likely acquisition by Meredith Corporation (NYSE: MDP) adds $4 a share to its value and makes the company an attractive investment, an analyst said Friday. Citigroup's Jason B. Bazinet painted a dismal picture of revenue declines for the once-iconic publisher of...
-
UPDATE: Citigroup Reiterates on Viacom Ahead of Earnings Conference Call
Wednesday, November 13, 2013 - 10:09am | 158In a report published Wednesday, Citigroup analyst Jason B. Bazinet reiterated a Buy rating on Viacom (NASDAQ: VIAB), and raised the price target from $84.00 to $102.00. In the report, Citigroup noted, “Expect revenue to grow 7% to $3.61 billion, in-line with consensus. Expect domestic advertising...
-
UPDATE: Citigroup Upgrades SeaWorld Entertainment as IRS Overhang is Apt to Wane
Tuesday, November 12, 2013 - 11:12am | 164In a report published Tuesday, Citigroup analyst Jason B. Bazinet upgraded the rating on SeaWorld Entertainment (NYSE: SEAS) from Neutral to Buy, and raised the price target from $30.00 to $40.00. In the report, Citigroup noted, “Recall, in June 2013 the IRS formed a new working group to examine...
-
UPDATE: Citigroup Upgrades HSN Following Liberty Debt Issuance Announcement
Thursday, September 5, 2013 - 11:47am | 176In a report published Thursday, Citigroup analyst Jason B. Bazinet upgraded the rating on HSN (NASDAQ: HSNI) from Neutral to Buy, and raised the price target from $59.00 to $67.00. In the report, Citigroup noted, “We're upgrading HSNI from Neutral to Buy and raising our price target from $59 to $...
-
UPDATE: Citigroup Raises PT on DISH Network Ahead of Strategic Challenges
Wednesday, July 17, 2013 - 10:36am | 197In a report published Wednesday, Citigroup analyst Jason B. Bazinet reiterated a Buy rating on DISH Network (NASDAQ: DISH), and raised the price target from $43.00 to $61.00. In the report, Citigroup noted, “Mr. Ergen faces twin strategic challenges. For his DBS business, the balance of power...
-
UPDATE: Citigroup Downgrades Meredith on Unfavorable Risk-Reward
Wednesday, July 10, 2013 - 9:02am | 190In a report published Wednesday, Citigroup analyst Jason B. Bazinet downgraded the rating on Meredith (NYSE: MDP) from Buy to Neutral, but raised the price target from $44.00 to $48.00. In the report, Citigroup noted, “Meredith's equity has appreciated as investors assign higher probabilities...