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Analysts Upgrade Roku, Stock Soars After Big Q2 Earnings Beat
Thursday, August 8, 2019 - 10:43am | 615Roku Inc (NASDAQ: ROKU) reported second-quarter results which prompted two analysts to turn bullish on the streaming content provider. Earnings came in at a loss of 8 cents per share, beating estimates by 13 cents. Sales came in at $250.1 million, beating estimates by $25.9 million. The company...
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Stephens Downgrades Roku On Valuation, Still Bullish On Long-Term Outlook
Tuesday, May 28, 2019 - 10:24am | 332Roku Inc (NASDAQ: ROKU) continues to boast a favorable long-term outlook as it addresses a "vital layer" of the streaming video ecosystem, however, a combination of valuation and near-term earnings concerns has Stephens moving to the sidelines. The Analyst Stephens analyst Kyle Evans...
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Analysts Like CBS For 2019 Comeback
Wednesday, January 2, 2019 - 1:14pm | 616It’s high-risk and “not for the faint of heart,” but CBS Corporation (NYSE: CBS) could emerge from a tumultuous 2018 as a high-reward investment in the new year, according to some sell-side analysts. The media company is likely to find a new CEO early in the year,...
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Stephens Upgrades Tribune, Says Sinclair Deal Will Close In Its Current Form
Tuesday, July 17, 2018 - 11:23am | 395Tribune Company (NYSE: TRCO) plunged 15 percent Monday after the chair of the Federal Communications Commission expressed “serious concerns” about its buyout by Sinclair Broadcast Group Inc (NASDAQ: SBGI) and weighed an administrative trial. For one analyst, the regulatory risk only...