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The Latest Breaking News from Barton Crockett

Here's What Wall Street Thinks About Netflix's Ad-Supported Service

Wall Street analysts are divided over prospects for Netflix’s cheaper, ad-subsidized streaming video service.

Investors Business Daily

This Political Ad Conglomerate Offers Steady Dividends And Wall Street Analysts Are Bullish

Since October 2021, the communications sector has been lagging behind the S&P 500, and is down roughly 34% year-to-date, as of Sept. 9. As the economy braces for a potential recession, TV station operators hope to generate revenues through advertisers and subscribers.

Benzinga

Apple iPhone 14 Release Faces Budget-Conscious Consumers

Apple's fall product announcements earned positive reviews but some wonder if consumers will be in a buying mood.

Investors Business Daily

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5 Snap Analysts React To Restructuring Plan: 'Attractive Opportunity For Long-Term Holders'

Snap Inc (NYSE: SNAP) shares traded higher by 15% on Wednesday after the social media giant disclosed in a new filing that it will be restructuring its business and laying off 20% of its staff.

Benzinga

Disney Shares Have Underperformed, Business Has Outperformed: Why Analysts Remain Bullish On House Of Mouse And Disney+ Growth

The growth of Disney+ and the parks and resorts segment, as well as a new ad-supported plan, were among the topics that weighed on analysts after Walt Disney Co (NYSE: DIS)

Benzinga

Why Pinterest Analysts Are Buying The Story: 'Better-Than-Feared' Q2, New CEO And More

Pinterest reported second-quarter financial results after the close Monday and saw shares jump on the report and guidance that calls for mid-single digit year-over-year growth for the third quarter. Here’s what analysts had to say about earnings and new CEO Bill Ready.

Benzinga

Apple Earnings 'Better-Than-Feared,' Company Can Weather Storm: Why Analysts Remain Bullish

Technology giant Apple Inc (NASDAQ: AAPL) reported quarterly earnings after market close Thursday. Analysts are sizing up a quarter and guidance that may have been “better-than-feared” with updated price targets.

Benzinga

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6 Amazon Analysts React To Q2 Earnings Report: 'Our Top '22 FANG Stock'

Amazon.com, Inc. (NASDAQ: AMZN) shares traded higher by 11.5% on Friday after the company reported impressive second-quarter numbers in a difficult macroeconomic climate.

Benzinga

8 Snap Analysts React To Q2 Earnings Miss: 'Not Snapping Back Anytime Soon'

Snap Inc (NYSE: SNAP) shares traded lower by 38% on Friday after the company disappointed Wall Street with its second-quarter numbers.

Benzinga

8 Netflix Analysts React To Q2 Earnings Beat, Subscriber Guidance, Ad-Supported Tier

Netflix, Inc. (NASDAQ: NFLX) shares gained 7.1% on Wednesday after the company reported better-than-expected subscriber losses in the second quarter and detailed plans to launch a new, low-cost, ad-supported subscription tier.

Benzinga

Is Twitter Stock Heading To $11? Why This Analyst Says Yes

Twitter Inc (NYSE: TWTR) shares are falling Monday after Tesla Inc (NASDAQ: TSLA) CEO Elon Musk on Friday filed to terminate his proposed deal with the social media company.

Benzinga

Rosenblatt Lists Its Internet Media Favourites Whose Performance Seem To Be Driven By Recession Concerns

Rosenblatt analyst Barton Crockett noted that Internet, Media, and Experiential equities underperformed the S&P 500 in 2Q22 and 1H22 of generationally high stock pressures (the worst S&P 500 start since 1970).

Benzinga

Here's Why This Analyst Slashed Twitter's Price Target By 39%

Rosenblatt analyst Barton Crockett maintained Twitter, Inc (NYSE:TWTR) with a Neutral and cut the price target from $54.2 to $33, below Tesla, Inc (NASDAQ:TSLA) chief's takeover bid. Crockett believed that the absence of the deal would lead to even lower share prices for Twitter. Social media comparables were already hit by a possible weakening ad market likely…

Benzinga

Read Rosenblatt's Take On Amazon

Rosenblatt analyst Barton Crockett updated Amazon.com Inc (NASDAQ: AMZN) for the 20-1 share split completed on June 6.

Benzinga

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Benzinga

Rosenblatt Slashes Price Targets On Charter Communication, Comcast - Read Why

Rosenblatt analyst Barton Crockett reiterated Charter Communications, Inc (NASDAQ: CHTR) with a Buy but reduced the price target by 17% to $607.

Benzinga

A Warning Sign For Other Advertisers? Snapchat Analysts React To Shocking Guidance Cut, Stock Sell-Off

Snap Inc (NYSE: SNAP) shares are plummeting 40% after CEO Evan Spiegel warned employees the company will miss its targets for revenue and earnings in the second quarter.

Benzinga

7 Walt Disney Analysts React To Q2 Earnings Miss, Subscriber Beat, Ongoing Asia Weakness

Walt Disney Co (NYSE: DIS) shares traded lower by 3.7% on Thursday after the company reported first-quarter earnings and said ongoing COVID-19 disruptions are weighing on its Asia theme park business.

Benzinga

Here's Why Analysts Are Lowering Price Targets On Amazon After Q1 Earnings

E-commerce giant Amazon.com, Inc. (NASDAQ: AMZN) reported mixed earnings Thursday and announced guidance that came in lower than analysts' estimates for the second quarter. Here's why analysts are lowering their price targets and sound more cautious moving forward.

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Benzinga

Apple Analysts See Production Issues As Transitory, Recommend Buying On Weakness Following Q2 Results

Apple Inc (NASDAQ: AAPL) reported better-than-expected second-quarter earnings and revenues.

Benzinga

Improved Costs, Reels Growth, Attractive Multiples: What 6 Analysts Are Saying About Meta Platforms Post Earnings

Shares of social media and metaverse company Meta Platforms Inc (NASDAQ: FB) traded higher Wednesday after market close. The move came after the company reported first-quarter financial results. Here are the key takeaways from the earnings report from analysts.

Benzinga

5 Snap Analysts Break Down Q1 Earnings: What's The Read-Through For Advertising?

Social media platform Snapchat parent company Snap Inc (NYSE: SNAP) reported quarterly earnings Thursday after the market close.

Benzinga

These Netflix Analysts Aren't Confident Of A Turnaround Within The Next 18 Months

Netflix Inc (NASDAQ: NFLX) reported a revenue miss and a loss of net paid adds for the first quarter.

Benzinga

Another Analyst Gets Cautious On Amazon After BNP Paribas

Rosenblatt analyst Barton Crockett initiated coverage of Amazon.com Inc (NASDAQ:AMZN) with a Neutral rating and a $3,000 price target (5% downside). Crockett saw inflation hurting retail sales. Also Read: Here's Why This Analyst Is Cautious On Amazon Crockett did not see Amazon's core business in online stores and third-party services recover growth after faltering in late…

Benzinga

Analysts Express Bullishness In Disney Courtesy Parks, Travel Recovery, Movies

Analysts continue to express their admiration for The Walt Disney Co (NYSE: DIS).

Benzinga

This Analyst Picks 6 Bullish, 2 Bearish Stocks In The Entertainment Sector: What Are They And What Investors Should Know

Wondering which internet and media stocks to invest in and the ones to stay away from? Here’s what Rosenblatt Securities analyst Barton Crockett recommends for buying and selling. Charter Communications

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