Omar Sheikh

Credit Suisse upgraded shares of Discovery Communications Inc. (NASDAQ: DISCA) (NASDAQ: DISCB), premised on its view that the near-term outlook is solid. The stock was lifted from Underperform to Neutral, with a price target lowered from $23 to $22. Analysts Omar Sheikh, Lawrence Dann-Fenwick and...

Walt Disney Co (NYSE: DIS) CEO Bob Iger keeps confirming what was obvious a month ago: The roster of the original Marvel shows currently running on Netflix, Inc. (NASDAQ: NFLX) will be joining the Mouse House’s new streaming service when the contracts between the companies are up in 2019....

Credit Suisse analyst Omar Sheikh expects Walt Disney Co's (NYSE: DIS) growth to heat up in 2018 and 2019 as he reiterated his Outperform rating with a $125 price target. “After two years of slowing growth," Sheikh wrote, "we forecast DIS's EPS and FCF will re-accelerate in...

Credit Suisse analyst Omar Sheikh’s recent meetings with companies in the television advertising space — Simulmedia, Clypd and Matter More Media — reinforced his long-term thesis for the industry: “[P]otentially game-changing” developments in linear TV advertising are...

It’s certainly not impossible that Verizon Communications Inc. (NYSE: VZ) is considering acquiring Walt Disney Co (NYSE: DIS). But if this New York Post rumor plays out at all like the others, the deal is not likely. Since Verizon’s purchase of Yahoo, which now trades under Altaba Inc (...

Fewer people are going to movie theaters, and Credit Suisse analyst Omar Sheikh is taking notice. Sheikh now has issued Underperform ratings on Cinemark Holdings, Inc. (NYSE: CNK), AMC Entertainment Holdings Inc (NYSE: AMC), Regal Entertainment Corp (NYSE: RGC) and a Neutral rating on IMAX Corp (...

WideOpenWest Inc (NYSE: WOW) shares are down 1.6 percent on Monday after a tidal wave of Wall Street analysts commented on the stock on Monday. WideOpenWest’s May 25 IPO has mostly been a disappointment for investors. The stock debuted roughly $1 below its $17 price, an in its first 25 days...

Following Walt Disney Co (NYSE: DIS)'s fiscal second-quarter results, the sell-side sentiment was cautious near term. The media segment was pointed out as the Achilles' heel, as the ESPN subscriber erosion continued. That said, most analysts tout Disney as a 2018 story, expecting the company to...

Despite another solid quarterly report, shares of Walt Disney Co (NYSE: DIS) opened Wednesday’s session down more than 2.7 percent. Disney beat expectations on EPS, reiterated its 2017/2018 guidance and raised its share buyback program by more than 25 percent, but traders seem to be focused...

Issuing a note on Apple Inc. (NASDAQ: AAPL)'s services update, Credit Suisse derived five key conclusions. The firm also dwelled on options before Apple if it were to pursue inorganic growth and zeroed in on Netflix, Inc. (NASDAQ: NFLX) as the most likely option. Apple's services business includes...

Investors will have their plates full when Discovery Communications Inc. (NASDAQ: DISCA) announces its quarterly earnings on February 14, as the media company is battling a dispute with its largest European distributor, Sky, over channel fees. Ongoing Dispute “The dispute creates an...

Shares of Walt Disney Co (NYSE: DIS) gained more than 3 percent as investors showed faith in the company’s vision of earnings growth acceleration in 2018. The upbeat comments on the call helped shares regain from initial losses after lower-than-expected fourth quarter results. Disney...

While changing consumer habits and the proposed merger between AT&T Inc. (NYSE: T) and Time Warner Inc (NYSE: TWX) are creating strategic challenges for Walt Disney Co (NYSE: DIS), Credit Suisse’s Omar Sheikh believes Disney’s management can rise to these obstacles. Sheikh maintains...

Sumner Redstone has removed Philippe Dauman and George Abrams from the boards of both National Amusements and Redstone's Trust. Credit Suisse’s Omar Sheikh said that unless this decision is reversed, it could have serious implications for both Viacom, Inc. (NASDAQ: VIAB) and CBS...