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Cinemark Analyst Turns Bullish On Box Office Strength, Potential Dividend Comeback: 'Should Prosper Over The Next 2.5 Years'
Monday, June 24, 2024 - 11:30am | 507Movie theater company Cinemark Holdings Inc (NYSE:CNK) gets upgraded by an analyst as several box office releases are showing strength for the movie industry in recent weeks. The Cinemark Analyst: Roth MKM analyst Eric Handler upgrades the rating on Cinemark from Neutral to Buy and raises the price...
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DOJ Case Against Live Nation Is 'Weak,' Analysts Say: 'Separating Ticketmaster... Is Unlikely To Lower Ticket Prices'
Friday, May 24, 2024 - 1:14pm | 550The Department of Justice filed an antitrust lawsuit against Live Nation Entertainment (NYSE:LYV), which sent shares down during the week. Analysts react to the news and share what's ahead for the entertainment company. The LYV Analysts: Guggenheim analyst Curry Baker has a Buy rating and $128...
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Roblox Bookings Growth Stands Out; These 4 Analysts Deep Dive Into Q4 Print
Thursday, February 8, 2024 - 12:17pm | 524Shares of Roblox Corp (NYSE: RBLX) rose slightly in premarket trading on Thursday, after the San Mateo, California-based company reported strong fourth-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Roth Capital Partners...
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This Live Nation Entertainment Analyst Expects Above Trend Growth To Continue
Friday, January 12, 2024 - 1:09pm | 333Live Nation Entertainment Inc (NYSE: LYV) shares were declining in early trading on Friday. The company is poised to benefit from the “positive secular demand” for live events and concerts, which is likely to drive for “above-trend growth over the next several years,”...
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Roblox Analysts Divided On Timing Of Margin Expansion, $5B Market Cap Correction Is 'Excessive'
Thursday, August 10, 2023 - 11:34am | 589Shares of Roblox Corp (NYSE: RBLX) were rising in early trading on Thursday, after tanking in the previous session on the company’s revenue miss. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Morgan Stanley analyst Matthew...
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Star Wars, FIFA Help Electronic Arts Earn Upbeat Q1, Yet Shares Slide: 4 Analyst Takes
Wednesday, August 2, 2023 - 11:39am | 540Shares of Electronic Arts Inc (NASDAQ: EA) tanked in early trading on Wednesday, even after the company reported strong results for the first quarter of fiscal 2024. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Benchmark analyst...
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The Financial Decision Behind AMC Entertainment's Wednesday Stock Move
Wednesday, July 20, 2022 - 3:21pm | 605Movie theater company AMC Entertainment Holdings (NYSE: AMC) announced the repurchase of debt Wednesday in a move that could improve the company’s financials going forward. What Happened: AMC Entertainment Holdings announced Wednesday it repurchased $72.5 million of 10% second lien...
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Analyst Reiterates $1 Price Target On AMC Entertainment After Q1 Beat: Here's Why
Tuesday, May 10, 2022 - 2:19pm | 410In its first-quarter earnings report, movie theater leader AMC Entertainment Holdings (NYSE: AMC) reported revenue and earnings per share that both beat Street estimates. The company also highlighted a robust slate of 2022 blockbuster movies. Although, the report wasn’t enough to help impress...
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As WrestleMania Returns, Is Now The Time To Buy WWE's Stock?
Friday, April 9, 2021 - 3:45pm | 587World Wrestling Entertainment, Inc. (NYSE: WWE) fans and investors are gearing up for WrestleMania 37 this weekend, the company’s largest live event of the year. This year’s WrestleMania will be a two-night event held at Raymond James Stadium in Tampa, Florida. It will also make history...
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Should Investors Continue Playing With Mattel's Stock?
Friday, October 23, 2020 - 2:20pm | 542Mattel Inc (NASDAQ: MAT) reported third-quarter results that exceeded expectations due to what management described as "extraordinary" demand for toys. Shares are up more than 10% in Friday's session. Here is a summary of how some of the Street's top analysts reacted to the...
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MKM Partners Initiates Zynga With Bullish Rating On Bright Growth Prospects
Wednesday, September 30, 2020 - 4:05pm | 203Zynga Inc (NASDAQ: ZNGA) is well positioned to drive bookings growth of 13% and adjusted EBITDA growth of 18% from 2020 through 2023, according to MKM Partners. The Zynga Analyst: Eric Handler initiated coverage of Zynga with a Buy rating and a price target of $12. The Zynga Thesis: The company has...
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WWE Could Still Have A Record Year In 2020
Friday, April 10, 2020 - 12:00pm | 491World Wrestling Entertainment, Inc. (NYSE: WWE) has had a brutal 2020 up to this point, but at least one analyst said Thursday the company could still have a record year. The WWE Analyst MKM Partners analyst Eric Handler reiterated his Buy rating for WWE, but cut his price target from $58 to $48....
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MKM Says Bankruptcy Possible For AMC Entertainment As Movie Theaters Sit Empty
Thursday, April 9, 2020 - 12:48pm | 426With theaters likely to remain closed until August as a result of the coronavirus pandemic, the fate of National CineMedia, Inc. (NASDAQ: NCMI) and AMC Entertainment Holdings Inc (NYSE: AMC) will depend on their liquidity profile, according to MKM Partners. National CineMedia: Shaken But Still...
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MKM Downgrades Take-Two On Valuation
Friday, January 24, 2020 - 3:36pm | 300It's not completely clear what might be coming this year and when from game makers Take-Two Interactive Software, Inc (NASDAQ: TTWO), MKM Partners said in a Friday note. The Analyst MKM's Eric Handler downgraded Take-Two from Buy to Neutral and lowered the target price from $142 to $133....
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Investors Give WWE's Stock An RKO, But These Analysts Aren't Tapping Out
Friday, November 1, 2019 - 4:05pm | 546World Wrestling Entertainment, Inc. (NYSE: WWE) reported third-quarter results with weakness across the board. Shares fell more than 15%, but analysts aren't tapping out of the stock yet. The Analysts Morgan Stanley analyst Benjamin Swinburne maintains an Overweight rating on WWE's stock...