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WWE's Stock Breaking Out As Company Ramps For WrestleMania
Thursday, March 14, 2019 - 5:15pm | 685Less than a month before WrestleMania 35 in East Rutherford, New Jersey, World Wrestling Entertainment, Inc. (NYSE: WWE) stock ripped higher Thursday after the company got its highest Wall Street price target yet. Wolfe Research Gets Bullish WWE's stock was up 3.5 percent to its highest...
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Charter Communications Succeeds In Turnaround Effort, Wells Fargo Says In Upgrade
Monday, February 5, 2018 - 5:00pm | 355A successful turnaround and a rebound in Time Warner Cable subscriptions has renewed an analyst's confidence in Charter Communications, Inc. (NYSE: CHTR) despite a competitive environment. The Analyst Wells Fargo analyst Marci Ryvicker upgraded Charter Communications from Market Perform...
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Wells Fargo On A CBS-Viacom Reunion: 'We Don't Like It'
Monday, January 29, 2018 - 11:22am | 453Merger talks between CBS Corporation (NYSE: CBS) and Viacom, Inc. (NASDAQ: VIAB) are underway according to a Reuters report last week that cited "sources familiar with the situation." But this is not a welcome development for investors, according to Wells Fargo. The Analyst Wells...
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Disney's Streaming App Pricing Will Cost 'Significantly Less Than Netflix'
Friday, November 10, 2017 - 11:24am | 447In conjunction with Walt Disney Co (NYSE: DIS)'s fourth-quarter earnings report, the company provided an initial glimpse into its streaming service plan. A new streaming program, set to debut in 2019, will be priced "substantially below" that of perhaps its soon-to-be-biggest...
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AMC Networks Wins A New Bull
Tuesday, October 10, 2017 - 9:23am | 454AMC Networks Inc (NASDAQ: AMCX)’s got a lot going for it. It has high-demand content, no exposure to NFL ratings and what Wells Fargo calls a “clean,” five-network portfolio. It has an expanding share of ad dollars, high subscription figures and widening distribution. It has...
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Mickey Misunderstood: Disney Streaming Could Be Worth $30 Per Share
Tuesday, September 19, 2017 - 3:42pm | 396Walt Disney Co (NYSE: DIS)'s move to control its own streaming platform isn't appreciated by many investors given the stock's recent weakness. But why investors are concerned is "beyond us," says Wells Fargo's Marci Ryvicker. Disney's story is "still so misunderstood" as there are many positive...
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Wells Fargo Downplays M&A Chatter On Charter
Tuesday, August 15, 2017 - 9:34am | 527Investors holding on to Charter Communications, Inc. (NASDAQ: CHTR) under the assumption that pending M&A will boost the stock higher may want to reconsider, at least according to analysts at Wells Fargo. Over the past few months Charter has been named as a potential acquisition target but...
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Fox's 'Hidden Figures' Looks To Remain At The Top Of The Box Office Over MLK Weekend
Friday, January 13, 2017 - 3:35pm | 342Wells Fargo expects Twenty-First Century Fox Inc (NASDAQ: FOX)’s "Hidden Figures" to retain the top spot in the holiday weekend, following strong reviews (93 percent on Rotten Tomatoes) and an additional 800 screens this weekend. The brokerage estimates "Hidden Figures...
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Here's Why Wells Fargo Favors A Dividend Suspension At Viacom
Tuesday, September 20, 2016 - 2:34pm | 497Wells Fargo's call for a dividend suspension for Viacom, Inc. (NASDAQ: VIAB) could come as a rude shock for income investors. However, the firm sees the move as logical. In a research note published Tuesday, Wells Fargo argues for a suspension of dividend rather than a cut, given the balance sheet...
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This Analyst Isn't Impressed With Viacom's Beat
Friday, August 5, 2016 - 9:34am | 261Although Viacom, Inc. (NASDAQ: VIAB) reported a FQ3 beat, expectations has been lowered by 30 percent after the company’s quarterly update, Wells Fargo’s Marci Ryvicker said in a report. He maintained an Underperform rating on the company, while lowering the valuation range from $38-$...
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From Turkey Legs To 1 Million Visitors, Shanghai Disney's Success A Pleasant Surprise For CEO Iger
Wednesday, July 13, 2016 - 2:37pm | 360Nearly one million people have already visited Walt Disney Co (NYSE: DIS)'s amusement park in Shanghai within just weeks of opening. Disney's CEO Robert "Bob" Iger said during the Fortune Brainstorm Tech conference in Aspen, Colorado, that the park's guests are staying...
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It's Early, But Wells Fargo Is Bullish On Shanghai Disney
Friday, June 10, 2016 - 4:03pm | 280In a recent report, Wells Fargo analysts Marci Ryvicker and Eric Katz reiterated a Market Perform rating on shares of Walt Disney Co (NYSE: DIS), arguing that while they are bullish on Shanghai Disneyland, it’s still too early to tell. Shanghai Disneyland will open next Thursday. Ahead of the...
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Disney Just Hit An All-Time High And This Analyst 'Can't Help But Like' The House Of Mouse
Wednesday, February 4, 2015 - 11:41am | 374Walt Disney Co (NYSE: DIS) shares rose sharply Wednesday after its first-quarter earnings came in 23 percent higher than Wall Street expected. The entertainment company hit a 52-week high earlier Wednesday of $101.22, trading recently at $100.56, up more than 6 percent. Despite negative...
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LIN TV Corp.’s (TVL) Fourth-Quarter Review
Friday, March 12, 2010 - 12:54pm | 106Analysts Marci Ryvicker and Timothy Schlock at Wells Fargo Securities have released a report reviewing fourth-quarter results at LIN TV Corp. (NYSE: TVL). The company reported fourth-quarter results on Thursday. LIN TV reported revenue of $101.1 million, compared with analysts’ estimate of $93.1...
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Broadcasting & Cable Industry Update (CBS, ETM)
Wednesday, March 10, 2010 - 4:18pm | 128Analysts Marci Ryvicker and Timothy Schlock at Wells Fargo Securities have released an update on the Broadcasting & Cable industry. Analysts expect a potential upside to estimates for most traditional media due to a rise in auto advertising. Auto advertising is one of largest ad categories in...