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RBC Downgrades Comcast, Charter On Cable Concerns
Friday, March 29, 2019 - 11:57am | 386Read More...Cord cutters and the changing way Americans watch TV programming are spurring RBC Capital Markets to downgrade the nation’s two most dominant cable companies. The Analysts RBC’s Steven Cahall downgraded Comcast Corporation (NASDAQ: CMCSA) from Outperform to Sector Perform and lowered...
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Analysts Like CBS For 2019 Comeback
Wednesday, January 2, 2019 - 1:14pm | 616Read More...It’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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RBC Downgrades Old Fox, Waits For New Fox And 'Potentially Compelling Investment Opportunity'
Thursday, August 9, 2018 - 11:50am | 408Read More...Twenty-First Century Fox Inc (NASDAQ: FOXA) beat bottom- and top-line estimates in its Wednesday earnings report, but with the Walt Disney Co (NYSE: DIS) deal on its way to closing and no other value-boosting bids in sight, Fox is has struck its near-term peak, according to RBC...
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Disney's Quarter Is A Direct-To-Consumer Story, Says RBC Analyst
Wednesday, August 8, 2018 - 10:48am | 416Read More...Investors focusing on just the headline numbers in Walt Disney Co (NYSE: DIS)'s below-consensus third-quarter report may want to reconsider, according to RBC Capital Markets' Steven Cahall. The Analyst RBC Capital Markets' Cahall discussed Disney's earnings as a guest on...
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RBC: AMC Networks Needs More Than Zombies To Hit 2018 Targets
Wednesday, March 14, 2018 - 4:44pm | 390Read More...AMC Networks Inc (NASDAQ: AMCX) has seen its stock fall more than 11 percent over the past year, and its valuation today implies investors are still "taking a cautious view" of the company, according to RBC. The Analyst RBC Capital Markets' Steven Cahall initiated coverage of AMC...
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Viacom Gets Ratings Boost On CBS Merger Prospects
Friday, February 9, 2018 - 5:14pm | 348Read More...Viacom, Inc. (NASDAQ: VIAB) celebrated a strong first quarter, which saw improvements in domestic advertising, subscriptions declines and revenue guidance. Shares popped 11.3 percent on Thursday’s report, and one analyst sees continued upside. The Rating RBC Capital Markets analyst Steven...
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Disney Named RBC Capital's Top Pick
Monday, October 9, 2017 - 9:18am | 513Read More...Walt Disney Co (NYSE: DIS) is one of Wall Street's most hotly contested stocks given its exposure to cable TV through its ESPN unit. But there is no debate among analysts at RBC Capital Markets who named the stock on Monday a "Top Pick." The firm's Steven Cahall upgraded Disney...
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3 Reasons Disney Should Divest ESPN
Monday, December 5, 2016 - 12:32pm | 290Read More...RBC Capital’s Steven Cahall believes the year-to-date underperformance of Walt Disney Co (NYSE: DIS) shares, despite the strength in non-media, suggests continuing discomfort surrounding ESPN. Cahall maintains a Sector Perform rating on the company, with a price target of $101. Value Creation...









