The Latest Breaking News from MoffettNathanson

Fox Corp’s $787.5m settlement with Dominion Voting Systems over defamation charges is eye-popping, but the ultimate cost to the media company is likely to be much lower

The cable guys have insisted all along that network capacity and performance limitations make FWA a non-threat. The latest MoffettNathanson report on T-Mobile Home Internet lends support to that notion

Research firm MoffettNathanson slashed its 2025 revenue estimates for each Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL), Meta Platforms Inc (NASDAQ:FB), Snap Inc (NYSE:SNAP), and Twitter Inc (NYSE:TWTR) by double-digit percentages, Reuters reported. MoffettNathanson expects online advertising in the U.S. to grow by 12.5% annually through 2025, down from the previous estimate of 18.5% annual growth. "After years of uber-bullishness, we are truly concerned…

MoffettNathanson has decided to maintain its Buy rating of Coinbase Global (NASDAQ:COIN) and lower its price target from $600.00 to $200.00. Shares of Coinbase Global are trading down 7.13% over the last 24 hours, at $61.39 per share.

MoffettNathanson analyst Eugene Simuni rolled out coverage of six stocks in the Fintech sector. 

Upgrades

Two analysts have different stances on The Walt Disney Co (NYSE: DIS).

Snap Inc (NYSE:SNAP) sped up its global expansion from Mexico to Japan through tie-ups with wireless carriers and highlighting its popular augmented reality features, Reuters reports. Snap remained largely unscathed by global governments and regulators and has developed a playbook for attracting users in new markets that plays up the appeal of…

MoffettNathanson analyst Michael Nathanson lowered the price target on Walt Disney Co (NYSE:DIS) to $165 from $175 and reiterated a Neutral rating on the shares. The price target implies an upside of 8%. Nathanson's FY22 free cash flow estimate of $1.9 billion after the Shanghai adjustment is "a significant decrease" of over 60% from his…