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The Latest Breaking News from Steven Cahall

Here's Why Roku Plunged Below 52-Week Low Today

Analysts slashed their price targets on Roku Inc (NASDAQ:ROKU) post Q4 results. Pivotal Research analyst Jeffrey Wlodarczak downgraded to Sell from Hold with a PT of $95, down from $350 (34.4% downside). The company reported an "overall mixed" Q4 as it issued a lower than forecast 2022 revenue outlook and decided to "massively ramp" operating expenses,…

Benzinga · Feb 18, 2022

Here's Why Omnicom Shares Are Trading Higher Today

Wells Fargo analyst Steven Cahall raised the price target on Omnicom Group Inc (NYSE:OMC) to $96 from $85 (21.6% upside) and kept an Equal Weight rating on the shares. The analyst said Omnicom posted a "very solid" quarter amidst somewhat low expectations. Guidance for 5%-6% growth indicates "much stronger underlying trends," but the upside potential…

Benzinga · Feb 9, 2022

Comcast Shares Gain On RBC Capital Rating Upgrade

RBC Capital analyst Steven Cahall upgraded the rating on Comcast Corp (NASDAQ:CMCSA) to Outperform, from Sector Perform, with a $60 price target, suggesting an upside of 18%. Cahall stated that the recent 19% sell-off since early August is overdone. "While we acknowledge that telco fiber and fixed wireless will pressure Comcast's fundamentals, our analysis…

Benzinga · Jan 24, 2022

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