-
Twenty-First Century Fox 'Starting To Fire On All Cylinders,' Credit Suisse Says
Thursday, April 14, 2016 - 8:16am | 296Read More...Credit Suisse’s Omar Sheikh expressed increased confidence in the long-term growth of STAR India and Hulu, given the recent robust operating trends at both of Twenty-First Century Fox Inc (NASDAQ: FOXA)'s businesses. Sheikh reiterated an Outperform rating on Twenty-First Century Fox, with a...
-
Manchester United: Still Worth Investing In Despite Unlikely UEFA Participation?
Tuesday, March 15, 2016 - 2:57pm | 317Read More...In a report issued Tuesday, Credit Suisse analysts Omar Sheikh, N. Anthony Nemoto and Lawrence Dann-Fenwick trimmed their target price on shares of Manchester United PLC (NYSE: MANU) from $25 to $20 and reiterated an Outperform rating. Even though they now expect 2017 earnings to be 25 percent...
-
Credit Suisse Admits Cable Earnings Were Bad, Pounds The Table On Media Stocks Anyway
Thursday, March 3, 2016 - 10:26am | 622Read More...Credit Suisse's Omar Sheikh reduced the aggregate EBITDA forecasts for 2016 and 2017 by 1.6 percent and 2.5 percent, respectively, after the US large-cap Media/Cable companies reported earnings. The revisions were mostly cost-driven, rather than being revenue-driven. Analyst Omar Sheikh...
-
Disney Investors: Stop Worrying About ESPN
Thursday, March 3, 2016 - 9:25am | 448Read More...Credit Suisse's Omar Sheikh maintained an Outperform rating for Walt Disney Co (NYSE: DIS), with a price target of $130. He pointed out that the company had options to offset the potential deceleration of growth at ESPN. Analyst Omar Sheikh said that the “increasingly consensual...
-
Time Warner, CBS Remain Credit Suisse's Top Media Picks
Thursday, March 3, 2016 - 8:53am | 339Read More...Credit Suisse's Omar Sheikh maintained an Overweight view on the U.S. Media & Entertainment sector, expressing increasing confidence regarding the stabilization of industry trends and saying that large-cap valuations appear “compelling.” “After a choppy two years, the...
-
CBS Investors: Here's Your Floor
Monday, February 22, 2016 - 12:30pm | 279Read More...Credit Suisse’s Omar Sheikh maintained an Outperform rating on CBS Corporation (NYSE: CBS), while reducing the price target from $75 to $70. “We continue to regard CBS as being in a structural sweet-spot in the industry, with zero exposure to basic cable networks and with pricing...
-
Credit Suisse Brushes Off Disney's ESPN Concerns
Tuesday, February 16, 2016 - 9:46am | 344Read More...Walt Disney Co (NYSE: DIS) shares have declined 20.64 percent over the past three months, touching a low of $88.85 on February 10. Omar Sheikh of Credit Suisse has reiterated an Outperform rating on the company, with a price target of $130. Although investors are focused on a slowdown at...
-
How Much Is Time Warner Worth In A Break Up?
Tuesday, February 2, 2016 - 1:57pm | 234Read More...In a new report, Credit Suisse analyst Omar Sheikh explores the potential for Time Warner Inc (NYSE: TWX) to unlock value by breaking up its businesses into separate companies. Sheikh explored three possible breakup combinations of Turner, HBO and Warner Bros: 1. Three separate companies, 2. HBO...
-
4 Reasons Comcast Could Be A Buy...Again
Wednesday, January 6, 2016 - 2:56pm | 372Read More...In a new report, analyst Omar Sheikh discussed the reasons why Credit Suisse has reinstated its coverage of Comcast Corporation (NASDAQ: CMCSA) at Outperform following a period of restriction. “We believe demand for bandwidth will continue to drive strong operating trends in Cable...
-
Credit Suisse Believes 21st Century Fox Investors Are Discounting Payback Potential Of HULU And STAR India Assets
Wednesday, January 6, 2016 - 8:22am | 303Read More...Twenty-First Century Fox Inc (NASDAQ: FOXA) shares have plunged 18 percent in the last six months. Credit Suisse’s Omar Sheikh maintained an Outperform rating for the company, while raising the price target from $34 to $38. The gap between Fox’s asset value and the equity...
-
Credit Suisse's Top 10 Consumer Discretionary Stocks: J M Smucker Out, Kellogg In
Tuesday, December 8, 2015 - 9:46am | 772Read More...The consumer discretionary sector has been one of the market’s brightest sectors in 2015, and the Consumer Discretionary SPDR (ETF) (NYSE: XLY) has gained 11.5 percent versus the S&P 500’s 0.7 percent gain year-to-date. For the first time in two months, Credit Suisse analysts have...
