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Investors Ponder The Possibility Of A Viacom-CBS Recombination
Monday, September 26, 2016 - 9:59am | 323Read More...Investors have been contemplating a possible merger between Viacom, Inc. (NASDAQ: VIAB) and CBS Corporation (NYSE: CBS), believing that this move would be good for Viacom but not necessarily good for CBS, Barclays’ Kannan Venkateshwar said in a report. Analyst Venkateshwar maintained an...
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Comcast Announces Plan To Offer Wireless Service In Bid To Reduce Customer Churn
Wednesday, September 21, 2016 - 8:41am | 313Read More...Comcast Corporation (NASDAQ: CMCSA) CEO Brian Roberts has announced intentions to offer an MVNO-based wireless plan by mid-2017. While this move has been anticipated for some time, it could force other companies toward being more vertically integrated, Barclays’ Kannan Venkateshwar said in...
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Fourth Time's The Charm? House Of Mouse Continues Its International Effort With Disney Shanghai
Thursday, June 30, 2016 - 7:44am | 295Read More...Walt Disney Co (NYSE: DIS) opened its latest park in Shanghai, China on June 16. Barclays’ Kannan Venkateshwar maintained an Underweight rating on the company, with a price target of $89. The analyst pointed out that Disney's previous international theme parks had struggled, despite the...
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Barclays Upgrades DISH Network As Risk/Reward Is 'Better 'Balanced'
Tuesday, February 16, 2016 - 9:50am | 310Read More...DISH Network Corp (NASDAQ: DISH) shares have lost 31 percent since November 16. Barclays’ Kannan Venkateshwar upgraded the rating for the company from Underweight to Equal-weight, while reducing the price target from $62 to $59. Following the underperformance of the company’s...
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The Worldwide Leader? Barclays Cuts Disney To Underweight
Friday, January 15, 2016 - 10:03am | 391Read More...Walt Disney Co (NYSE: DIS) shares have declined 15.93 percent over the past six months, to a low of $98.48 on January 13. Barclays’ Kannan Venkateshwar has downgraded the rating on the company from Equal Weight to Underweight, while lowering the price target from $98 to $89....
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Is Star Wars Over-Hyped? Disney Analyst Issues Surprising Warning
Friday, December 11, 2015 - 9:02am | 330Read More...Shares of Walt Disney Co (NYSE: DIS) have been rising steadily since September 25, when they fell to a low of $100; and are up 8 percent in the last three months. Barclays’ Kannan Venkateshwar maintained an Equal-Weight rating on the company, with a price target of $98. Investor...
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Barclays Cuts TiVo's Price Target By 35%
Friday, December 11, 2015 - 8:55am | 375Read More...TiVo Inc. (NASDAQ: TIVO) shares have headed south through 2015, and are down 25 percent year-to-date. Barclays’ Kannan Venkateshwar maintained an Equal Weight rating on the company, while reducing the price target from $13 to $8. The company has been struggling to scale and is...
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Here's One Issue From The Cord-Cutting Movement That Isn't Understood
Monday, November 30, 2015 - 10:48am | 522Read More...Walt Disney Co (NYSE: DIS) shares are up 22 percent year-to-date, while shares of Twenty-First Century Fox Inc (NASDAQ: FOX) are down 19 percent over the same period. Barclays’ Kannan Venkateshwar believes that the emergence of new variables like cord cutting have thrown up new...
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Barclays Cuts Discovery Communications To Equal-weight
Friday, October 16, 2015 - 9:15am | 288Read More...Discovery Communications Inc. (NASDAQ: DISCA) shares are down 18 percent year-to-date, having declined steeply over the last three months. Barclays’ Kannan Venkateshwar downgraded the rating on the company from Overweight to Equal-weight, while reducing the price target from $34 to $30...
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Barclays Hikes Charter, Time Warner Cable Targets
Friday, August 28, 2015 - 9:37am | 419Read More...Amid a broader decline in the stock market this week, shares of Charter Communications, Inc. (NASDAQ: CHTR) and Time Warner Cable Inc (NYSE: TWC) inched up, albeit marginally. Barclays’ Kannan Venkateshwar reiterated Equal-Weight ratings on both the companies, while raising the price...
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Barclays Revises Estimates On 11 Internet & Media Companies
Friday, June 5, 2015 - 8:25am | 491Read More...In a report published Friday, Barclays analyst Kannan Venkateshwar briefly commented on the growing surge of popularity of Internet video and how investors can gain exposure to the theme while also updating investors on 11 stocks under coverage. According to Venkateshwar, 40 percent of U.S. homes...
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Barclays Initiates Coverage On Media Sector, Does Not See Much Upside
Wednesday, July 9, 2014 - 8:28am | 291Read More...Barclays initiated coverage across the media industry with mixed ratings. Regarding the industry as a whole, analyst Kannan Venkateshwar wrote, “the underlying theme which we believe investors and even industry participants are overlooking, is that relative leverage in the media value...
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UPDATE: Barclays Initiates Coverage On Disney
Wednesday, July 9, 2014 - 8:19am | 37Read More...In a report released Wednesday, Barclays analyst Kannan Venkateshwar initiated coverage on The Walt Disney Company (NYSE: DIS) with an Equal-Weight rating and $85.00 price target.
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Barclays Says Charter Communication's SpinCo Investment Still Not Priced In
Monday, July 7, 2014 - 12:37pm | 213Read More...Despite a big run-up in share price, Charter Communications (NASDAQ: CHTR) may not be fully valued, according to one analyst. Barclay's Kannan Venkateshwar said Charter's 33 percent stake in the soon-to-be-created SpinCo hasn't yet been priced in by the market. SpinCo, with an...
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Barclays Analyst: The Apple/Comcast Deal Isn't What People Think
Tuesday, March 25, 2014 - 3:41pm | 471Read More...According to Kannan Venkateshwar of Barclays Capital, the talks between Apple (NASDAQ: AAPL) and Comcast (NASDAQ: CMCSA) are likely not what people imagine, if they’re even happening at all. The rumors started over the weekend; that Apple and Comcast were in talks where Apple wanted to reserve...
