Kutgun Maral

Analysts were reacting to the first-quarter earnings report from Walt Disney Co (NYSE: DIS), the first quarterly print since Bob Iger returned to lead the company as CEO.  The Disney Analysts: Loop Capital analyst Alan Gould had a Buy rating and raised the price target from $120...

Verizon Communications Inc. (NYSE: VZ) recently reported third-quarter revenues of $34.2 billion and adjusted non-GAAP earnings of $1.32 per share. Both figures surpass Street expectations. Shares declined after the release of results, with the New York-based telecom company reporting disappointing...

AT&T Inc. (NYSE: T) released upbeat third-quarter results on Thursday with an increase in wireless subscribers. RBC Capital Markets Analyst Kutgun Maral reiterated a Sector Perform rating, while reducing the price target from $20 to $18. AT&T’s quarterly results were “largely...

Walt Disney Co (NYSE: DIS) shares traded lower by 3.7% on Thursday after the company reported first-quarter earnings and said ongoing COVID-19 disruptions are weighing on its Asia theme park business. On Wednesday, Disney reported fiscal second-quarter adjusted EPS of $1.08 on revenue of $19.25...

Even before the COVID-19 pandemic, secular trends didn’t bode well for traditional media companies. Cord-cutting triggered a decline in subscriptions and a loss of ad dollars to streaming services. One analyst expects no relief from the pressure. The Ratings RBC Capital Markets analyst Kutgun...

Cord cutters and the changing way Americans watch TV programming are spurring RBC Capital Markets to downgrade the nation’s two most dominant cable companies. The Analysts RBC’s Steven Cahall downgraded Comcast Corporation (NASDAQ: CMCSA) from Outperform to Sector Perform and lowered...