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Why Disney's Shanghai Success Supports Theme Park Thesis For The House Of Mouse
Friday, April 7, 2017 - 12:42pm | 364Read More...What role will Walt Disney Co (NYSE: DIS)'s theme parks, particularly Shanghai Disney, contribute to Disney's stock? According to UBS's Doug Mitchelson, Disney's Shanghai park will drive 29 percent of the EBIT growth for Disney's Parks division through 2021. As a whole, Disney's Parks segment will...
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The Bears In Netflix Are Highly Outnumbered
Saturday, March 11, 2017 - 8:40pm | 451Read More...Wall Street is getting more bullish on Netflix, Inc. (NASDAQ: NFLX), with the stock recently getting a recent upgrade from UBS to Buy from Neutral. UBS Upgrade Analyst Doug Mitchelson sees upside to the company’s first-quarter subscriber guidance given momentum in Europe and LatAm, and modest...
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Investor Concerns About Netflix's Competition, Content Costs 'Misplaced'
Monday, March 6, 2017 - 10:36am | 398Read More...UBS upgrades Netflix, Inc. (NASDAQ: NFLX) to Buy from Neutral, as it sees upside to the company’s first-quarter subscriber guidance given momentum in Europe and LatAm, and modest improvements in Japan. The upgrade is based on UBS' analysis of app download data that showed improving...
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Netflix's Focus On Original Content Is Paying Off
Tuesday, October 18, 2016 - 9:19am | 376Read More...Shares of Netflix, Inc. (NASDAQ: NFLX) were trading higher by nearly 20 percent early Tuesday morning as the company's third-quarter earnings print impressed the Street. Doug Mitchelson of UBS maintains a Neutral rating on Netflix's stock but boosted his price target from $92 to $119 following the...
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Can AMC Networks Keep Pumping Out Great Television? It Might Be The Only Thing That Matters
Friday, August 5, 2016 - 10:09am | 338Read More...AMC Networks Inc (NASDAQ: AMCX) saw its stock hit a fresh 52-week low of $52.41 on Thursday after the company's second-quarter print came in mixed. AMC earned $1.28 per share on revenue of $685 million, which matched analysts' expectations on the earnings side, while revenue exceeded Wall Street's...
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'Star Trek' Licensing Deal To Help CBS Live Long And Prosper, But UBS Still Says Sell
Friday, July 29, 2016 - 4:00pm | 272Read More...CBS Corporation (NYSE: CBS) reported its second quarter results on Thursday which came in better than expected. However, Doug Mitchelson of UBS maintained a Sell rating on the company with a $52 price target. Mitchelson stated in a note Friday that CBS' earnings beat was due to content...
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UBS On Disney Results: Messy Q2 Miss, Year On Track With Core Trends Still Strong
Wednesday, May 11, 2016 - 4:12pm | 317Read More...UBS said although Walt Disney Co (NYSE: DIS) reported a "messy" second quarter miss, the company's core trends are still strong. Issues at consumer products business drove a $0.04 EPS miss for the company. Despite delivering double-digit growth in adjusted EPS for the 11th...
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Disney: How Many Cents Do 'Zootopia' And 'The Jungle Book' Add To Earnings?
Monday, April 25, 2016 - 9:57am | 279Read More...Walt Disney Co (NYSE: DIS) witnessed significant action at the box office, with its talking-animals centric animations Zootopia and The Jungle Book. UBS’ Doug Mitchelson maintained a Buy rating on Walt Disney, with a price target of $116, saying that the company could beat the current...
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Tesla Shares Rev Up With Analyst Confidence
Thursday, February 11, 2016 - 2:08pm | 780Read More...Tesla Motors Inc (NASDAQ: TSLA) shares continued to spike on Thursday following investor confidence off the company’s increased deliveries guidance for the first quarter of 2016. The company fell short of revenue projections and posted a loss per share of $0.87 when consensus saw them at a $0...
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Netflix's Stock Is Lower Into Earnings For The First Time In 10 Quarters
Tuesday, January 19, 2016 - 10:30am | 340Read More...Netflix, Inc. (NASDAQ: NFLX) shares trended north in 2015, but are down 9 percent since January 4. UBS’ Doug Mitchelson maintained a Buy rating for the company, with a price target of $147. International trends are very important for Netflix’s global and US success,...
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Top Wall Street Firms Discuss Viacom's Restructuring
Tuesday, April 7, 2015 - 11:19am | 323Read More...After the markets closed on Monday, Viacom, Inc. (NASDAQ: VIAB) announced details of a restructuring plan, writing off acquired content, accelerating amortization of reality programs, and streamlining its business operations. These changes reflect the challenges of the media company with...
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UBS: Online Video Poses 'Real Threat' To Traditional TV
Monday, December 8, 2014 - 5:04pm | 455Read More...Although traditional television has dropped to an 85 percent market share of all video viewing, an analyst said there's no increase in "intent to cut the cord" among TV viewers. UBS's Doug Mitchelson launched coverage on a raft of media companies Monday with an overall Neutral...
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Disney Scores High With Analysts Following 1Q Results
Thursday, February 6, 2014 - 5:25pm | 509Read More...The Walt Disney Company (NYSE: DIS) reported first quarter results on Wednesday, February 5. First Quarter Highlights: Walt Disney reported first quarter EPS of $1.03 versus the estimated $0.92. Earnings per share were up 30% quarter-on-quarter. Revenue came in at $12.30 billion...
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Deutsche Bank Reaffirms Buy on Comcast, Remains Top Pick
Tuesday, January 21, 2014 - 11:49am | 271Read More...In a report published Tuesday, Deutsche Bank analyst Doug Mitchelson reaffirmed a Buy rating on Comcast (NASDAQ: CMCSA) and raised its price target to $64.00 from $60.00, as the company remains a Top Pick for the third year in a row. According to the report, as the opportunity in the stock is...
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UPDATE: Deutsche Bank Initiates Coverage on Eros International on Innovation in India Media
Monday, December 9, 2013 - 9:58am | 151Read More...In a report published Monday, Deutsche Bank analyst Doug Mitchelson initiated coverage on Eros International PLC (NYSE: EROS) with a Buy rating and $20.00 price target. In the report, Deutsche Bank noted, “Eros should report very strong growth due to India GDP growing rapidly, media in India...
