Drew Borst

The recent rally in media stocks helped push shares of AMC Networks Inc (NASDAQ: AMCX) higher. With minimal upside potential ahead, however, the bullish case for owning the stock no longer applies, according to Goldman Sachs. The Analyst Goldman Sachs' Drew Borst downgraded AMC Networks from...

Walt Disney Co (NYSE: DIS)'s shares had a roller coaster ride in 2016, which ended with a loss of 0.82 percent. Fundamental performance was also lackluster, with the company reporting below-consensus results in the fiscal second and fourth quarters of 2016, while it trumped estimates in the first...

Goldman Sachs analyst Drew Borst believes that despite the 9 percent outperformance over the past two months, Walt Disney Co (NYSE: DIS) shares have 24 percent upside potential over the next 12 months, driven by accelerated EPS growth in FY 2018. Borst upgraded the rating on Disney's stock...

Walt Disney Co (NYSE: DIS) reported its Q4 adjusted EPS short of expectations on continued ESPN woes. There are a couple of “silver linings” for the company, Goldman Sachs’ Drew Borst said in a report. He reiterated a Neutral rating on Disney, while raising the 12-month price...

Following AT&T Inc. (NYSE: T)'s announcement of a $107.50 per share buyout deal for Time Warner Inc (NYSE: TWX), Goldman Sachs analyzed the strategic rationale behind a potential combination. First To Offer Bundled Mobile Broadband And Video Content Analyst Drew Borst sees the deal as...

Walt Disney Co (NYSE: DIS) reported Q3 adjusted EPS of $1.62 vs. $1.61 estimates and revenues of $14.277 billion vs. $14.15 billion estimates. Goldman Sachs’ Drew Borst commented on Disney’s three major announcements and recent theme park successes despite the rise of zika and other...

Time Warner Inc (NYSE: TWX) reported robust 2Q16 results, with the EPS beating expectations. The company also raised its FY16 EPS guidance. Goldman Sachs’ Drew Borst reiterated a Buy rating on the company, while raising the price target from $87 to $89. Beat And Raise Time Warner reported its...

Neilson recently released C3 ratings through the end of May, and Goldman Sachs analyst Drew Borst took a look at how TV ratings are holding up and which companies are getting hit hardest by cord-cutting. Through the ninth week of Q2 2016, prime-time broadcast ratings for the 18–49 demographic...

Time Warner Inc (NYSE: TWX) delivered a broad-based EPS beat for 1Q16. Goldman Sachs’ Drew Borst reiterated a Buy rating for the company, while raising the price target from $81 to $87. The analyst mentioned that the quarterly results reinforces Time Warner’s growth story. Time...

Goldman Sachs has dramatically upped its box office estimates for the new Star Wars movie. The firm predicts that the movie will become the third highest-grossing film of all time. Goldman also upped its price target for Walt Disney Co (NYSE: DIS) stock from $110 to $112. The wait is...