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Barclays Slashes Netflix Price Target: Why This Investor Says Disney Stock Is The Better Bet
Wednesday, July 6, 2022 - 2:53pm | 486Netflix Inc (NASDAQ: NFLX) was featured as the call of the day Wednesday on CNBC's "Fast Money Halftime Report." What Happened: Barclays analyst Kannan Venkateshwar maintained Netflix with an Equal-Weight rating, but lowered the price target to $170 from...
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Analysts Raise Competitive, Pandemic Recovery Concerns For Charter Communications
Monday, July 12, 2021 - 11:36am | 285Bernstein analyst Peter Supino downgraded Charter Communications Inc (NASDAQ: CHTR) to Market Perform from Outperform with a $788 price target, implying a 9.69% upside. Charter's 5.2% 2021 levered free cash flow yield seems reasonable in a low-interest rate world. Supino...
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Sell-Side On Elliott's Suggestions For AT&T: Already Working On It, Impact Likely Limited
Tuesday, September 10, 2019 - 11:48am | 761Sell-side analysts said Tuesday that much of what activist investor Elliott Management is suggesting for AT&T Inc. (NYSE: T) is already being contemplated — but public criticism from the new investor might make the company more aggressive and forthcoming about its plans....
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Barclays Upgrades Disney On Streaming Service Optimism
Friday, October 19, 2018 - 12:42pm | 368The next year will be a critical time for Walt Disney Co (NYSE: DIS) and its investors as the company attempts to make a major pivot to streaming video. While there’s still plenty of uncertainty surrounding Disney’s upcoming streaming service launch, one Wall Street analyst saye the...
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Netflix Q2 Earnings Preview: What To Watch For In The Streaming Giant's Report
Sunday, July 15, 2018 - 3:47pm | 671Netflix, Inc. (NASDAQ: NFLX) stock has more than doubled year-to-date. The streaming platform's momentum is building ahead of a July 16 second-quarter earnings report, and the stock is trading just off its all-time closing record. Will the Q2 print act as a further catalyst for Netflix...
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Barlcays Downgrades Sirius XM, Liberty Sirius XM Group; Says Satellite Radio Business Entering 'More Mature Phase'
Tuesday, June 26, 2018 - 11:55am | 468Shares of Sirius XM Holdings Inc (NASDAQ: SIRI) have gained more than 80 percent over the past two years, and the strong growth story has fully played out, according to Barclays. The Analyst Barclays' Kannan Venkateshwar downgraded Sirius XM from Equal Weight to Underweight with an...
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Spin-Off Should Allay Many Concerns Regarding Altice; Barclays Upgrades
Tuesday, January 23, 2018 - 4:37pm | 331Telecom and cable company Altice USA Inc (NYSE: ATUS) announced Jan. 8 plans to spin-off its U.S. unit, restructure its European operations, revamp its content strategy and reappoint region-specific senior managers. The Analyst Barclays analyst Kannan Venkateshwar upgrades Altice from...
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Netflix Succeeds With Willingness To Disrupt Its Own Model, Barclays Says
Friday, January 12, 2018 - 11:52am | 437Some Netflix, Inc. (NASDAQ: NFLX) bears point out that the streaming video platform's competitive edge can't be sustained indefinitely — but this thinking may be wrong, according to Wall Street's newest bull analyst. The Analyst Barclays' Kannan Venkateshwar initiated...
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Barclays: The Charter Bull Case Is Based On Misplaced Assumptions
Monday, December 4, 2017 - 1:45pm | 502The U.S. cable story may be souring, as the sector is likely to face increasing headwinds from growing competitive pressure on video, a slowdown in broadband growth, levered balance sheets, M&A options becoming uncertain in terms of payoffs, optimistic estimates and valuation, according to...
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Mayweather-McGregor Fight Most Pirated Live Event Ever?
Friday, September 1, 2017 - 3:08pm | 438There’s no question that CBS Corporation (NYSE: CBS) took in plenty of revenue from its live Showtime broadcast of the Floyd Mayweather/Conor McGregor fight on Aug. 26. However, a new report from Barclays analyst Kannan Venkateshwar suggests CBS could have made even more money than it did....
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In A Consolidating Space, Acquisition Target Dish Network Could Be The 'Kingmaker'
Friday, April 28, 2017 - 12:18pm | 718Barclays said in a note Thursday DISH Network Corp (NASDAQ: DISH) could emerge as the "kingmaker." Accordingly, the firm upgraded shares of the company. Analyst Kannan Venkateshwar believes, in the coming days, the differences in relative competitive positioning of various wireless players could be...
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Barclays Shows Concern Related To Sirius XM's Next Few Years
Wednesday, March 22, 2017 - 10:14am | 312While naming Sirius XM Holdings Inc. (NASDAQ: SIRI) a favorite among internet and media stocks, Barclays’ Kannan Venkateshwar said the outperformance of stock over the past six months had left the risk-reward more balanced. The analyst downgraded the rating from Overweight to Equal-Weight,...
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Why A Weak Q4 From Disney Didn't Stop Barclays From Upgrading The Stock
Friday, November 11, 2016 - 10:47am | 380By many measures Walt Disney Co (NYSE: DIS)'s fourth-quarter earnings report was poor and demonstrated continued weakness in the company's ESPN unit. Nevertheless, Kannan Venkateshwar of Barclays upgraded Disney's stock to Equal Weight from Underweight with an unchanged $89 price target. According...
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The Drag From ESPN On Disney Shares Likely To Moderate
Friday, November 11, 2016 - 10:12am | 284Walt Disney Co (NYSE: DIS) reported a Q4 earnings miss. With the company quantifying the impact of ESPN's new NBA contract, there is increased visibility at least over the next year, which should lower the pressure on Walt Disney’s shares from this factor, Barclays’ Kannan...
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Suicide Squad, Jason Bourne And Star Trek Helped Boost AMC's Admissions In Q3
Tuesday, November 8, 2016 - 1:15pm | 347AMC Entertainment Holdings Inc (NYSE: AMC) impressed the Street with its third-quarter results on Monday, which prompted Kannan Venkateshwar of Barclays to reaffirm a bullish stance on the stock. Rating And Justification Venkateshwar reiterated an Outperform rating on AMC Entertainment's stock...