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5 Takeaways From The 'Future Of Media Summit'
Wednesday, July 12, 2017 - 10:16am | 500Read More...Bernstein recently hosted its Future of Media Summit, which focused on the future of media, how the landscape is changing and the implications that those changes will have for investors. Analyst Todd Juenger attended the summit and summarized the key themes from the event in a new note. The...
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Analyst Weighs In On Disney's Q2 And The 'False Rally' In Media Stocks
Wednesday, May 10, 2017 - 12:05pm | 395Read More...Walt Disney Co (NYSE: DIS)'s earnings report showed that its TV business is facing various headwinds, including higher content cost and subscribers ditching their cable offering. Speaking as a guest on CNBC, Bernstein's Todd Juenger described Disney's report as confirmation of "...
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Arguments By Disney Bulls And Bears Each Have Merit
Wednesday, April 5, 2017 - 11:16am | 320Read More...Shares of Walt Disney Co (NYSE: DIS) have rallied since the U.S. Presidential election, as have most media stocks, on expectations of tax reform and reflation. The stock is currently trading near its 52-week high, and further movement would depend on fundamentals, Bernstein’s Todd Juenger...
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Twenty-First Century Fox's Q2 Results Have Potential Negative Read Across To Disney
Tuesday, February 7, 2017 - 4:32pm | 335Read More...When Twenty-First Century Fox Inc (NASDAQ: FOXA) reported a slight deceleration in domestic affiliate fee growth Tuesday, Sanford C. Bernstein and Company was less concerned about Fox than it was about Walt Disney Co (NYSE: DIS). Fox’s report gave analyst Todd Juenger reason to expect “...
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4 Reasons Bernstein Upgraded Lions Gate
Tuesday, January 17, 2017 - 12:53pm | 324Read More...Following a proprietary sample survey of Starz subscribers, Bernstein’s Todd Juenger upgraded the rating on Lions Gate Entertainment Corp. (USA) (NYSE: LGF) from Market-Perform to Outperform, while raising the price target from $22 to $31. Reasons For Upgrade Lions Gate had been downgraded...
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Disney's TV Demise Could Be The Perfect Time For A $70 Billion Netflix Acquisition
Thursday, December 1, 2016 - 9:55am | 336Read More...While mentioning that there were no indications from the companies of a possible deal between Walt Disney Co (NYSE: DIS) and Netflix, Inc. (NASDAQ: NFLX), Bernstein’s Todd Juenger commented in a report that such a deal would be “a huge, dilutive, transformational event.” TV...
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Survey: 84% Of Investors Expect AT&T-Time Warner Deal Approval
Tuesday, October 25, 2016 - 11:46am | 409Read More...AT&T Inc. (NYSE: T)'s $85 billion proposed acquisition of Time Warner Inc (NYSE: TWX) will face regulatory scrutiny before approval. AT&T's offer values Time Warner's stock at $107.50 per share, yet the media empire's stock was trading at $87.25 early Tuesday...
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This Media Analyst Makes The Case For Buying Nielsen And Selling Viacom
Thursday, October 6, 2016 - 12:50pm | 406Read More...Todd Juenger, a media analyst with Bernstein, was a guest on CNBC Thursday to share his outlook on the sector. Juenger pointed out that majority of media companies under his coverage make most of their money through TV and operating television networks. Unfortunately, his view of the sector is...
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Discovery Shares Tumble 3% Following Bernstein's Downgrade To Underperform
Tuesday, June 7, 2016 - 5:26pm | 318Read More...Discovery Communications Inc. (NASDAQ: DISCA) lost more than 3.5 percent on Tuesday. The drop could be attributed to a downgrade from Bernstein. Analyst Todd Juenger lowered the stock to Underperform, with a $23 price target. "We are launching a crusade to abolish references to P/E...
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21st Century Fox Is Valued At A Lower Multiple Than Just About Every Media Company
Thursday, May 5, 2016 - 10:26am | 423Read More...Twenty-First Century Fox Inc (NASDAQ: FOXA) reported mixed results for Q3. Bernstein’s Todd Juenger maintained an Outperform rating for the company, with a price target of $35. 21st Century Fox reported its FQ3 operating income ahead of expectations, driven mostly by Film and a little by...
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Why Lions Gate Might Be The Biggest Beneficiary From An Increasing Appetite Of Original Content
Thursday, March 10, 2016 - 9:05am | 213Read More...Bernstein’s Todd Juenger maintained an Outperform rating for Lions Gate Entertainment Corp. (USA) (NYSE: LGF), with a price target of $34. He upgraded the company to Best of Bernstein Pick in U.S. Media. Independent studios in general, and Lions Gate in particular, are expected to benefit...
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Viacom Should Take Core Business Private, Bernstein's Juenger Says
Monday, February 22, 2016 - 11:48am | 288Read More...Bernstein’s Todd Juenger maintained an Underperform rating on Viacom, Inc. (NASDAQ: VIAB), with a price target of $30. Following, the company’s quarterly results report, Juenger expects the estimates to be significantly revised down for 2016. “We believe regardless of the...
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Fox Analysts Warn: 'We Should Have Seen This Coming'
Tuesday, February 9, 2016 - 10:47am | 312Read More...Shares of Twenty-First Century Fox Inc (NASDAQ: FOXA) are trading close to their 52-week low, having lost 18 percent since November 9. Bernstein’s Todd Juenger maintained an Outperform rating for the company, with a price target of $35. Continued guide-downs by the company reduce...
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Bernstein Calls Lions Gate A 'Structural Winner In U.S. Media'
Tuesday, December 15, 2015 - 10:08am | 363Read More...Shares of Lions Gate Entertainment Corp. (USA) (NYSE: LGF) have declined 11.76 percent over the past three months, touching a low of $33.37 on December 8. Bernstein’s Todd Juenger initiated coverage of the company with an Outperform rating and price target of $48. The significant structural...
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Within 3 Years, 20% of U.S. Households Will Not Subscribe To Cable Or Satellite TV
Thursday, December 10, 2015 - 11:45am | 492Read More...According to an eMarketer report, the cord-cutting trend is set to accelerate in the United States. EMarketer noted that by the end of 2016, the number of U.S. households subscribing to cable or satellite will dip below the 100-million mark. The report stated that by 2018, one in five U.S....
