albert fried

Rich Tullo of Albert Fried questioned the logic behind the potential Sirius XM Holdings Inc. (NASDAQ: SIRI) acquisition price for Pandora Media Inc (NYSE: P), questioning whether a subscription business makes sense when Sirius Satellite radio itself is successful with 25 million paid subscribers at...

Adobe Systems Incorporated (NASDAQ: ADBE) announced Thursday it has agreed to acquire TubeMogul Inc (NASDAQ: TUBE) in a deal which values the company at $14 per share. TubeMogul provides a single platform that allows brands and agencies to plan and buy video advertising across desktop, mobile,...

Rich Tullo of Albert Fried downgraded Pandora Media Inc (NYSE: P) to Underweight from Overweight on lower-than-expected quarterly earnings and outlook. Further, the company’s 3-tier strategy could drive users to competitors such as iTunes and Spotify. Revenue in the third quarter was $351...

With AT&T Inc. (NYSE: T) stepping in to lap up Time Warner Inc (NYSE: TWX) in a $108.7 billion cash and stock deal, the Street has got excited over the potential combination. Not long ago, AT&T clinched another deal with DirecTV that provided the former an avenue to circumvent the softness...

Monday's trading session is most certainly one of the busiest in recent memory following a plethora of large M&A deals. AT&T–Time Warner AT&T Inc. (NYSE: T) announced over the weekend it plans on acquiring Time Warner Inc (NYSE: TWX) for $107 per share in a deal valued at around $...

MSG Networks Inc (NYSE: MSGN) faces positive news flow and potential multiple expansion, Albert Fried said while upgrading the stock to Overweight from Market Perform. Albert Fried noted the potential success of the company's pending upfront ad selling season should result in better-than-expected...

Netflix, Inc. (NASDAQ: NFLX) has reportedly committed $90 million to purchase the rights to fantasy cop thriller "Bright" starring Will Smith. The big budget makes "Bright" Netflix’s largest movie deal to date. Netflix reportedly won a bidding war with Time Warner Inc...

Yahoo! Inc. (NASDAQ: YHOO) signed a deal with National Hockey League to live stream up to four NHL games per week without requiring a cable subscription or authentication. The streams kick start on March 11. Yahoo will deliver in-game highlights for each game, and will also provide condensed...

Albert Fried’s Rich Tullo maintained an Overweight rating for Pandora Media Inc (NYSE: P), with a price target of $16. Tullo believes that Pandora offers revenue growth potential. According to the NY Times, Pandora has hired Morgan Stanley to pursue a company sale. Tullo said that the...

Pandora Media Inc (NYSE: P) shares spiked with an hour before Thursday's close, as the New York Times reported the company was exploring a sale. Though the report didn't mention a specific buyer, one analyst has shared his list of potential suitors with clients. Facebook Inc (NASDAQ: FB...

Time Warner Inc (NYSE: TWX) posted fourth-quarter results Wednesday, beating earnings expectations and increasing its guidance for 2016. However, the entertainment giant fell nearly $500 million short of its revenue target. Fourth-quarter EPS came in at $1.06, ahead of Street expectations of $1....

Having headed south for three months, Madison Square Garden Co (NYSE: MSG) shares have lost 17 percent since November 9. Albert Fried’s Rich Tullo maintained a Market Perform rating for the company, with a price target of $200. Fisher’s departure is a long-term positive for...

Wednesday’s CRB ruling has sent Pandora Media Inc (NYSE: P) shares surging. The market and Wall Street seem to universally view the decision as favorable for Pandora. However, Wall Street remains mixed on the outlook for Pandora’s stock. The long-awaited Copyright Royalty...

According to Re/code, Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s YouTube is set to launch a fully dedicated music app. The music app, called YouTube Music, will feature an optional paid subscription model. Rich Tullo of Albert Fried cautioned that the streaming service does have its flaws. By...