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The Latest Breaking News from Philip Cusick

Netflix Poised For Strong Fourth-Quarter Report: Analyst

Streaming video leader Netflix is poised for a solid fourth-quarter performance, a Wall Street analyst said Thursday.

Investors Business Daily

Beat-Up Telecom Giant AT&T Takes Another Gut Punch On Wall Street

Beat-Up Telecom Giant AT&T Takes Another Gut Punch On Wall Street

JP Morgan downgraded AT&T to a neutral rating on views that competition will continue to slow growth amid uncertainty over lead-sheathed cables.

Investors Business Daily

AT&T Slides As JPMorgan Lowers Rating, Price Target Into Q2 Earnings

AT&T Slides As JPMorgan Lowers Rating, Price Target Into Q2 Earnings

JPMorgan analyst Philip Cusick lowered his rating and price target on AT&T, citing weakening wireless growth and liability linked to its legacy copper cable network.

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Stocks Lower, JPMorgan, Bank Earnings, AT&T, OpenAI Probe, SpaceX

Stocks edge lower with bank earnings in focus; JPMorgan bumps higher as investors eye financial sector outlook; AT&T shares slump after JPMorgan downgrade, price target cut; FTC opens probe into Microsoft-backed OpenAI and SpaceX nears $150 billion valuation after share sale.

Disney CEO Iger Shares the Future of ESPN

The sports network has been leader of its class for years, but can recent moves salvage it as the space gets increasingly crowded?

Fubo Shares Bleed As Analysts Re-rate Stock Post Q1 Results

Analysts remained concerned over fuboTV Inc (NYSE:FUBO), as reflected by their re-rating post Q1 results. Needham analyst Laura Martin maintained FuboTV with a Buy and lowered the price target from $15 to $5 (49% upside). Gross margins of negative (2)% were the lowest FUBO had reported since 2Q20 when it only had 286,000 paid subscribers. The…

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

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

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AT&T Stock Adjusts For Warner Bros Discovery Debut; JPMorgan Resumes Coverage With 'Overweight' Rating

AT&T Stock Adjusts For Warner Bros Discovery Debut; JPMorgan Resumes Coverage With 'Overweight' Rating

Warner Bros Discovery will begin trading today on the Nasdaq under the ticker symbol 'WBD' following the $43 billion media asset merger between AT&T and Discovery.

Analysts Remain Divided On Verizon Post Q4 Results

Analysts Remain Divided On Verizon Post Q4 Results

Analysts had mixed views on Verizon Communications Inc (NYSE:VZ) post Q4 earnings. Deutsche Bank analyst Bryan Kraft raised the price target on Verizon to $59 from $57 (15% upside) and reiterated a Hold rating on the shares. The analyst sees about 8% upside in the stock over the next 12 months, with the target increasing…

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