Discovery (NASDAQ: DISCA), Corinthian Colleges, Inc. (NASDAQ: COCO), HCP, Inc. (NYSE: HCP), MELA Sciences Inc. (NASDAQ: MELA), DCT Industrial Trust Inc. (NYSE: DCT) and Digital Realty Trust, Inc. (NYSE: DLR) had price targets on them adjusted by analysts.
Discovery (DISCA) had its price target raised by Morgan Stanley (NYSE:MS) to $48.00.
Corinthian Colleges, Inc. (COCO) had its price target raised by Wunderlich to $3.50.
HCP, Inc. (HCP) had its price target raised by Morgan Stanley to $40.00.
MELA Sciences Inc. (MELA) had its price target raised by Needham & Company from $14.00 to $20.00. They have a “Buy” rating on the company.
DCT Industrial Trust Inc. (DCT) had its price target raised by ISI Group to $5.00.
Digital Realty Trust, Inc. (DLR) had its price target raised by RBC Capital from $69.00 to $71.00. They have an “Outperform” rating on the company.
Showing posts with label Discovery Communications. Show all posts
Showing posts with label Discovery Communications. Show all posts
Thursday, November 3, 2011
Monday, August 15, 2011
Airgas (ARG) (HII) (MELI) (AGNC) (DISCA) (WEC) Upgraded
Airgas, Inc. (NYSE: ARG), Huntington Ingalls (NYSE: HII), MercadoLibre, Inc. (NASDAQ: MELI), American Capital Agency Corp. (NASDAQ: AGNC), Discovery (NASDAQ: DISCA) and Wisconsin Energy (NYSE: WEC) upgraded by analysts.
Huntington Ingalls (HII) was upgraded by Morgan Stanley (NYSE:MS) from an “Underweight” rating to an “Equal Weight” rating.
Wisconsin Energy (WEC) was upgraded by Robert W. Baird from a “Neutral” rating to an “Outperform” rating. They have a price target of $32.00 on the company.
MercadoLibre, Inc. (MELI) was upgraded by Bank of America (NYSE:BAC) from an “Underperform” rating to a “Neutral” rating.
American Capital Agency Corp. (AGNC) was upgraded by Jefferies (NYSE:JEF) from a “Hold” rating to a “Buy” rating. They have a price target of $33.00 on the company, up from $30.00.
Discovery (DISCA) was upgraded by Citigroup (NYSE:C) to a “buy” rating.
Airgas, Inc. (ARG) was upgraded by Goldman Sachs (NYSE:GS) from a “neutral” rating to a “buy” rating.
Huntington Ingalls (HII) was upgraded by Morgan Stanley (NYSE:MS) from an “Underweight” rating to an “Equal Weight” rating.
Wisconsin Energy (WEC) was upgraded by Robert W. Baird from a “Neutral” rating to an “Outperform” rating. They have a price target of $32.00 on the company.
MercadoLibre, Inc. (MELI) was upgraded by Bank of America (NYSE:BAC) from an “Underperform” rating to a “Neutral” rating.
American Capital Agency Corp. (AGNC) was upgraded by Jefferies (NYSE:JEF) from a “Hold” rating to a “Buy” rating. They have a price target of $33.00 on the company, up from $30.00.
Discovery (DISCA) was upgraded by Citigroup (NYSE:C) to a “buy” rating.
Airgas, Inc. (ARG) was upgraded by Goldman Sachs (NYSE:GS) from a “neutral” rating to a “buy” rating.
Monday, August 8, 2011
First Solar (FSLR) (CI) (ARO) (DISCA) (UDR) (PCLN) Price Targets Changed
First Solar, Inc. (NASDAQ: FSLR), CIGNA Co. (NYSE: CI), Aeropostale, Inc. (NYSE: ARO), Discovery (NASDAQ: DISCA), UDR, Inc. (NYSE: UDR) and Priceline (NASDAQ: PCLN) have price targets on them adjusted by analysts.
First Solar, Inc. (FSLR) had its price target lowered by UBS AG (NYSE:UBS) from $170.00 to $150.00. They have a “Buy” rating on the company.
CIGNA Co. (CI) had its price target raised by Credit Suisse (NYSE:CS) to $52.00. They have a “Neutral” rating on the company.
Aeropostale, Inc. (ARO) had its price target lowered by Wedbush from $19.00 to $14.00. They have a “Neutral” rating on the company.
Discovery (DISCA) had its price target lowered by UBS AG from $44.00 to $42.00. They have a “Neutral” rating on the company.
UDR, Inc. (UDR) had its price target raised by FBR Capital from $24.50 to $26.50. They have an “Underperform” rating on the company.
Priceline (PCLN) had its price target raised by UBS AG from $550.00 to $575.00. They have a “Neutral” rating on the company.
First Solar, Inc. (FSLR) had its price target lowered by UBS AG (NYSE:UBS) from $170.00 to $150.00. They have a “Buy” rating on the company.
CIGNA Co. (CI) had its price target raised by Credit Suisse (NYSE:CS) to $52.00. They have a “Neutral” rating on the company.
Aeropostale, Inc. (ARO) had its price target lowered by Wedbush from $19.00 to $14.00. They have a “Neutral” rating on the company.
Discovery (DISCA) had its price target lowered by UBS AG from $44.00 to $42.00. They have a “Neutral” rating on the company.
UDR, Inc. (UDR) had its price target raised by FBR Capital from $24.50 to $26.50. They have an “Underperform” rating on the company.
Priceline (PCLN) had its price target raised by UBS AG from $550.00 to $575.00. They have a “Neutral” rating on the company.
Apple (AAPL) (CECO) (DISCA) (FLR) (PCLN) (RIG) Price Targets Changed
Apple, Inc (NASDAQ: AAPL), Career Education Corp. (NASDAQ: CECO), Discovery Communications (NASDAQ: DISCA), Fluor Co. (NYSE: FLR), Priceline (NASDAQ: PCLN) and Transocean (NYSE: RIG) had price targets adjusted by analysts.
Apple, Inc. (AAPL) had its price target raised by Needham & Company to $540.00. They have a “Buy” rating on the company.
Career Education Corp. (CECO) had its price target lowered by UBS AG (NYSE:UBS) from $25.00 to $20.00. They have a “Neutral” rating on the company.
Discovery Communications (DISCA) had its price target lowered by MKM Partners from $50.00 to $46.0. They have a “Buy” rating on the company.
Fluor Co. (FLR) had its price target lowered by Oppenheimer from $84.00 to $78.00. They have an “Outperform” rating on the company.
Priceline (PCLN) had its price target raised by The Benchmark Company from $676.00 to $690.00. They have a “Buy” rating on the company.
Transocean (RIG) had its price target lowered by UBS AG from $80.00 to $72.00. They have a “Buy” rating on the company.
Apple, Inc. (AAPL) had its price target raised by Needham & Company to $540.00. They have a “Buy” rating on the company.
Career Education Corp. (CECO) had its price target lowered by UBS AG (NYSE:UBS) from $25.00 to $20.00. They have a “Neutral” rating on the company.
Discovery Communications (DISCA) had its price target lowered by MKM Partners from $50.00 to $46.0. They have a “Buy” rating on the company.
Fluor Co. (FLR) had its price target lowered by Oppenheimer from $84.00 to $78.00. They have an “Outperform” rating on the company.
Priceline (PCLN) had its price target raised by The Benchmark Company from $676.00 to $690.00. They have a “Buy” rating on the company.
Transocean (RIG) had its price target lowered by UBS AG from $80.00 to $72.00. They have a “Buy” rating on the company.
Wednesday, May 18, 2011
Price Targets on (CSCO) (CSIQ) (DIS) (DISCA) (DLTR) Updated
Price targets on shares of Cisco Systems, Inc. (NASDAQ: CSCO), Canadian Solar Inc. (NASDAQ: CSIQ), Walt Disney (NYSE: DIS), Discovery (NASDAQ: DISCA) and Dollar Tree Inc (NASDAQ: DLTR) updated by analysts.
Piper Jaffray cut their price target on Cisco Systems, Inc. (CSCO) from $21.00 to $19.00. They have a “neutral” rating on the company.
Wedbush cut their price target on Canadian Solar Inc. (CSIQ) from $11.00 to $10.00. They have a “neutral” rating on the company.
Goldman Sachs (NYSE:GS) raised their price target on Walt Disney (DIS) from $48.00 to $50.00.
Caris & Company raised their price target on Discovery (DISCA) to $50.00.
Piper Jaffray (NYSE:PJC) raised their price target on Dollar Tree Inc (DLTR) from $62.00 to $69.00. They have a “buy” rating on the company.
Piper Jaffray cut their price target on Cisco Systems, Inc. (CSCO) from $21.00 to $19.00. They have a “neutral” rating on the company.
Wedbush cut their price target on Canadian Solar Inc. (CSIQ) from $11.00 to $10.00. They have a “neutral” rating on the company.
Goldman Sachs (NYSE:GS) raised their price target on Walt Disney (DIS) from $48.00 to $50.00.
Caris & Company raised their price target on Discovery (DISCA) to $50.00.
Piper Jaffray (NYSE:PJC) raised their price target on Dollar Tree Inc (DLTR) from $62.00 to $69.00. They have a “buy” rating on the company.
Monday, May 2, 2011
Price Targets (AET) (CAH) (CAVM) (DISCA) (DRIV) Updated
Aetna Inc. (NYSE: AET), Cardinal Health (NYSE: CAH), Cavium Networks, Inc. (NASDAQ: CAVM), Discovery (NASDAQ: DISCA) and Digital River, Inc. (NASDAQ: DRIV) had their price targets updated by analysts.
Barclays Capital (NYSE:BCS) raised their price target on Aetna Inc. (AET) from $45.00 to $51.00. They have an “overweight” rating on the stock.
UBS AG (NYSE:UBS) raised their price target on Cardinal Health (CAH) from $47.00 to $51.00. They have a “buy” rating on the stock.
Deutsche Bank (NYSE:DB) raised their price target on Cavium Networks, Inc. (CAVM) from $50.00 to $53.00. They have a “buy” rating on the stock.
Goldman Sachs (NYSE:GS) raised their price target on Discovery (DISCA) to $44.00. They have a “sell” rating on the stock.
Deutsche Bank raised their price target on Digital River, Inc. (DRIV) from $25.00 to $26.00. They have a “hold” rating on the stock.
Barclays Capital (NYSE:BCS) raised their price target on Aetna Inc. (AET) from $45.00 to $51.00. They have an “overweight” rating on the stock.
UBS AG (NYSE:UBS) raised their price target on Cardinal Health (CAH) from $47.00 to $51.00. They have a “buy” rating on the stock.
Deutsche Bank (NYSE:DB) raised their price target on Cavium Networks, Inc. (CAVM) from $50.00 to $53.00. They have a “buy” rating on the stock.
Goldman Sachs (NYSE:GS) raised their price target on Discovery (DISCA) to $44.00. They have a “sell” rating on the stock.
Deutsche Bank raised their price target on Digital River, Inc. (DRIV) from $25.00 to $26.00. They have a “hold” rating on the stock.
Friday, April 29, 2011
Upgrades for (DISCA) DOW) (EXXI) (FRME) (GWW) Ratings
Analysts upgraded Discovery (NASDAQ: DISCA), The Dow Chemical Company (NYSE: DOW), Energy XXI (NASDAQ: EXXI), First Merchants Co. (NASDAQ: FRME) and W.W. Grainger, Inc. (NYSE: GWW) today.
Barrington Research upgraded Discovery (DISCA) to an “outperform” rating.
JPMorgan Chase & Co. (NYSE:JPM) upgraded The Dow Chemical Company (NYSE: DOW) from a “neutral” rating to an “overweight” rating.
Global Hunter Securities upgraded Energy XXI (EXXI) from an “accumulate” rating to a “buy” rating. They have a price target of $44.00 on the company, up previously from $36.00.
Stifel Nicolaus upgraded First Merchants Co. (FRME) from a “hold” rating to a “buy” rating. They have a price target of $11.00 on the company.
Bank of America (NYSE:BAC) upgraded W.W. Grainger, Inc. (GWW) from an “underperform” rating to a “neutral” rating. They now have a price target of $138.00 on the company, down from $170.00.
Barrington Research upgraded Discovery (DISCA) to an “outperform” rating.
JPMorgan Chase & Co. (NYSE:JPM) upgraded The Dow Chemical Company (NYSE: DOW) from a “neutral” rating to an “overweight” rating.
Global Hunter Securities upgraded Energy XXI (EXXI) from an “accumulate” rating to a “buy” rating. They have a price target of $44.00 on the company, up previously from $36.00.
Stifel Nicolaus upgraded First Merchants Co. (FRME) from a “hold” rating to a “buy” rating. They have a price target of $11.00 on the company.
Bank of America (NYSE:BAC) upgraded W.W. Grainger, Inc. (GWW) from an “underperform” rating to a “neutral” rating. They now have a price target of $138.00 on the company, down from $170.00.
Monday, January 24, 2011
News Corp (Nasdaq:NWS-A), CBS (NYSE:CBS), Disney (NYSE:DIS), Viacom (NYSE:VIA) Top Major Media Companies in 2011 Say Nomura
News Corp (Nasdaq:NWS) continues to be the top media pick of Nomura Securities in 2011, which also likes CBS (NYSE:CBS), Disney (NYSE:DIS) and Viacom (NYSE:VIA).
Media companies expected to continue to struggle in 2011 are Scripps Networks (NYSE:SNI) and Discovery (Nasdaq:DISCA), although in the short term Discovery may get a boost for their fourth quarter results, which Nomura raised their estimates on, as well as they did with Disney.
Nomura said, "For calendar 4Q10 earnings, we are raising our EPS estimates for Disney (DIS) and Discovery (DISCA) (lower EBITDA offset by lower marked-to-market equity-based comp) and lowering our estimates. We continue to rate News Corp (NWSA) our top pick for 2011 and reiterate our Buy ratings for CBS Corp (CBS), Disney (DIS) and Viacom (VIA)."
"Since the beginning of 2011, Discovery and Scripps Networks, the two pure-play cable network companies, have underperformed the market and their closest media peers. Year-to-date, DISCA and SNI have lagged the S&P 500 by 603 bps and 1,150 bps, respectively. Conversely, Time Warner and Viacom have performed markedly better - Time Warner currently lags the market by 12 bps while Viacom has outpaced the market by 470 bps."
"This month’s slide appears to have been triggered by comments made at a recent industry conference at which Scripps Networks' management noted 4Q10 advertising would unlikely match the prior quarter’s growth rate due in part to ratings softness at its networks. Scripps Networks, which posted impressive mid-to-high teen growth ex-Travel Channel through the first three quarters of 2010, seems to finally be slowing down. We are lowering our underlying advertising growth estimate for 4Q to a still-respectable +13.4% down from our last published estimate of +19.6% (see the end of this report for a detailed 4Q preview). Due primarily to that change, we are reducing our estimates by $0.03 and now project SNI will report 4Q10 EPS of $0.68 vs. consensus of $0.70.
"Disney will report F1Q11 earnings after the market close on Tuesday, February 8th. We anticipate Disney will start its fiscal year strongly and are increasing our F1Q11E EPS to $0.58, $0.02 ahead of consensus and our prior $0.56 estimate.
"Discovery Communications will report 4Q10 earnings before the market opens on Friday, February 11th. We believe Discovery will have an in-line quarter, as some ratings weakness should limit the usual outperformance investors expect from the company. We project EPS of $0.51, a penny below consensus driven by +8% revenue growth (vs. +9% previously) and +19.5% EBITDA growth (vs. +21.8% previously).
News Corp. was trading at $17.53, gaining $0.62, or 3.67 percent, as of 2:02 PM EST. CBS was at $20.80, up $0.10, or 0.48 percent. Disney was trading at $39.89, gaining $0.15, or 0.38 percent. Viacom was trading at $48.45, up $0.24, or 0.50 percent.
Media companies expected to continue to struggle in 2011 are Scripps Networks (NYSE:SNI) and Discovery (Nasdaq:DISCA), although in the short term Discovery may get a boost for their fourth quarter results, which Nomura raised their estimates on, as well as they did with Disney.
Nomura said, "For calendar 4Q10 earnings, we are raising our EPS estimates for Disney (DIS) and Discovery (DISCA) (lower EBITDA offset by lower marked-to-market equity-based comp) and lowering our estimates. We continue to rate News Corp (NWSA) our top pick for 2011 and reiterate our Buy ratings for CBS Corp (CBS), Disney (DIS) and Viacom (VIA)."
"Since the beginning of 2011, Discovery and Scripps Networks, the two pure-play cable network companies, have underperformed the market and their closest media peers. Year-to-date, DISCA and SNI have lagged the S&P 500 by 603 bps and 1,150 bps, respectively. Conversely, Time Warner and Viacom have performed markedly better - Time Warner currently lags the market by 12 bps while Viacom has outpaced the market by 470 bps."
"This month’s slide appears to have been triggered by comments made at a recent industry conference at which Scripps Networks' management noted 4Q10 advertising would unlikely match the prior quarter’s growth rate due in part to ratings softness at its networks. Scripps Networks, which posted impressive mid-to-high teen growth ex-Travel Channel through the first three quarters of 2010, seems to finally be slowing down. We are lowering our underlying advertising growth estimate for 4Q to a still-respectable +13.4% down from our last published estimate of +19.6% (see the end of this report for a detailed 4Q preview). Due primarily to that change, we are reducing our estimates by $0.03 and now project SNI will report 4Q10 EPS of $0.68 vs. consensus of $0.70.
"Disney will report F1Q11 earnings after the market close on Tuesday, February 8th. We anticipate Disney will start its fiscal year strongly and are increasing our F1Q11E EPS to $0.58, $0.02 ahead of consensus and our prior $0.56 estimate.
"Discovery Communications will report 4Q10 earnings before the market opens on Friday, February 11th. We believe Discovery will have an in-line quarter, as some ratings weakness should limit the usual outperformance investors expect from the company. We project EPS of $0.51, a penny below consensus driven by +8% revenue growth (vs. +9% previously) and +19.5% EBITDA growth (vs. +21.8% previously).
News Corp. was trading at $17.53, gaining $0.62, or 3.67 percent, as of 2:02 PM EST. CBS was at $20.80, up $0.10, or 0.48 percent. Disney was trading at $39.89, gaining $0.15, or 0.38 percent. Viacom was trading at $48.45, up $0.24, or 0.50 percent.
Thursday, January 13, 2011
Viacom (NYSE:VIA-B) Disney (NYSE:DIS) Scripps Networks (NYSE:SNI): News Corp (Nasdaq:NWSA), CBS (NYSE:CBS) Most Potential in Entertainment Says Barcla
Barclays gave a review of entertainment stocks in the U.S., and those considered to have the best potential in 2011 are Viacom (NYSE:VIA-B) Disney (NYSE:DIS) Scripps Networks (NYSE:SNI): News Corp (Nasdaq:NWSA) and CBS (NYSE:CBS).
They said "We remain constructive on the Entertainment group, as (1) we believe in the strength of the U.S. advertising recovery; (2) we believe 2011E Street estimates are achievable; and (3) we continue to believe valuation is undemanding relative to Consumer stocks."
Comments:
Viacom (VIA-B): Trades at most attractive EV/EBITDA, P/E, and P/FCF valuations and at the largest discount relative to historical valuation.
Disney (DIS): Operates best-in-class asset portfolio. A recovery at the Parks & Resorts segment, which is mid-cycle in nature, offers upside potential.
Scripps Networks (SNI): Strongest organic growth, continued outperformance from the Travel Channel, opportunities for international expansion, and the potential purchase of the outstanding portion of the Food Network.
News Corp (NWSA): Attractive valuation relative to US Entertainment and historical multiples. An acquisition of BSkyB, assuming it goes through, would improve News Corp's asset mix and increase the efficiency of its free cash flow generation.
CBS (CBS): Offers the most exposure to a cyclical rebound. Strong ratings at the network and retransmission consent fees keep us constructive on the TV network business.
Time Warner (NYSE:TWX): Least exposure to the advertising recovery; while valuation is reasonable, structural growth upside less likely given maturity of assets.
Discovery (Nasdaq:DISCA): Continues to trade at the highest valuation multiple in the group. While we expect Discovery to generate above-average growth in 2011, growth is decelerating and programming costs rising.
Viacom was trading at $41.09, down $0.13, or 0.32 percent, as of 2:40 PM EST. Disney was at $39.21, up $0.04, or 0.10 percent. Scripps was trading at $47.48, down $0.35, or 0.73 percent. News Corp. was at $14.18, down $0.18, or 1.25 percent. CBS was at $19.81, up 0.02, or 0.13 percent. Time Warner was trading at $33.66, down $0.03, or 0.15 percent. Discovery Communications was at $38.84, down $0.82, or 2.07 percent.
They said "We remain constructive on the Entertainment group, as (1) we believe in the strength of the U.S. advertising recovery; (2) we believe 2011E Street estimates are achievable; and (3) we continue to believe valuation is undemanding relative to Consumer stocks."
Comments:
Viacom (VIA-B): Trades at most attractive EV/EBITDA, P/E, and P/FCF valuations and at the largest discount relative to historical valuation.
Disney (DIS): Operates best-in-class asset portfolio. A recovery at the Parks & Resorts segment, which is mid-cycle in nature, offers upside potential.
Scripps Networks (SNI): Strongest organic growth, continued outperformance from the Travel Channel, opportunities for international expansion, and the potential purchase of the outstanding portion of the Food Network.
News Corp (NWSA): Attractive valuation relative to US Entertainment and historical multiples. An acquisition of BSkyB, assuming it goes through, would improve News Corp's asset mix and increase the efficiency of its free cash flow generation.
CBS (CBS): Offers the most exposure to a cyclical rebound. Strong ratings at the network and retransmission consent fees keep us constructive on the TV network business.
Time Warner (NYSE:TWX): Least exposure to the advertising recovery; while valuation is reasonable, structural growth upside less likely given maturity of assets.
Discovery (Nasdaq:DISCA): Continues to trade at the highest valuation multiple in the group. While we expect Discovery to generate above-average growth in 2011, growth is decelerating and programming costs rising.
Viacom was trading at $41.09, down $0.13, or 0.32 percent, as of 2:40 PM EST. Disney was at $39.21, up $0.04, or 0.10 percent. Scripps was trading at $47.48, down $0.35, or 0.73 percent. News Corp. was at $14.18, down $0.18, or 1.25 percent. CBS was at $19.81, up 0.02, or 0.13 percent. Time Warner was trading at $33.66, down $0.03, or 0.15 percent. Discovery Communications was at $38.84, down $0.82, or 2.07 percent.
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