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Just How Strong Is Live Nation's Concert Business?
Wednesday, May 4, 2016 - 5:10pm | 236Albert Fried & Company said Live Nation Entertainment, Inc. (NYSE: LYV) shares are extremely attractive as it benefits from the "demand by recording companies and artists to go on tour as a solution to thwart illegal P2P file sharing revenue losses." The company reported first...
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Pandora Founder Tim Westergren Is Now An 'Underestimated' CEO, Albert Fried Says
Wednesday, April 27, 2016 - 6:29pm | 227Over the last few weeks, Pandora Media Inc (NYSE: P) shares have rallied about 11 percent from a recent low around $8.15 as of April 11 to close at $9.45 Wednesday. Traders have been anticipating the company's first-quarter results, expected out Thursday afternoon. The sell-side estimate...
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Shocker? 'Star Wars: The Force Awakens' Advance Ticket Sales On Pace For Biggest Release Of All Time
Friday, November 20, 2015 - 12:58pm | 588The 2009 sci-fi 3D film "Avatar" grossed $2.788 billion worldwide ticket sales, making it the highest grossing film ever. Walt Disney Co (NYSE: DIS)'s upcoming release of "Star Wars: The Force Awakens" could overtake it. Wall Street analysts and industry insiders...
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Albert Fried & Co Upgrades Live Nation
Friday, October 30, 2015 - 1:18pm | 408Albert Fried & Co has upgraded Live Nation Entertainment, Inc. (NYSE: LYV) to Overweight and raised its price target to $34. The firm believes the music industry will continue to turn to concert revenue to make up for revenue lost to piracy. Recent strength in European auto sales could be an...
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Pandora...The Day After
Friday, April 24, 2015 - 1:22pm | 662Pandora Media Inc (NYSE: P) reported Q1 results Thursday with greater than expected revenue and a narrower than expected loss per share. The stock surged Friday and recently traded at $18.40, up 3.90 percent. Analysts weighed in on the results. Below are highlights along with current ratings...
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Does The Street Hate Pandora? Analysts Mixed Heading Into Earnings
Thursday, April 23, 2015 - 2:00pm | 682Pandora Media Inc (NYSE: P) reports Q1 financial results Thursday after the market close. The Estimize consensus was for EPS of $(0.14) with revenue of $226.33 million. The Wall Street consensus expected EPS of $(0.16) with revenue of $225.37 million. As the company headed into its earnings...
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Albert Fried Sees Rate Increases Ahead For Pandora
Tuesday, October 21, 2014 - 1:47pm | 313Albert Fried & Company issued a research note on Tuesday commenting on Pandora Media Inc (NYSE: P) and its negotiations with the CRB. The firm reiterated a Market Perform rating and $20 price target. Analyst Rich Tullo explained his investment thesis on Pandora by stating it "offers a...
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Earnings Preview: Live Nation to Report Q1 Earnings After the Bell
Wednesday, May 9, 2012 - 2:48pm | 591Live Nation Entertainment (NYSE: LYV) is releasing Q1 earnings after today's market close. The consensus analyst estimate for the concert producer's Q1 loss per share is $0.44, down significantly from the consensus 90 days ago of $0.33. For Q1 revenues, the consensus analyst estimate is $867.4...