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The Latest Breaking News from MoffettNathanson

Marquee Sports Network ratings have dropped 56% since its launch. Here’s how the Chicago Cubs’ cable TV home is faring in Year 3

CHICAGO — When the Chicago Cubs launched the Marquee Sports Network in February 2020, it was the culmination of a decade-long quest to create a dedicated 24/7 cable TV platform for the team, which was still soaring in the wake of its first World Series championship in more than a…

Chicago Tribune

Benzinga's Top Ratings Upgrades, Downgrades For September 22, 2022

Benzinga's Top Ratings Upgrades, Downgrades For September 22, 2022

Here's Why This Analyst Slashed 2025 Revenue Estimates For Alphabet, Meta, Snap, Twitter

Here's Why This Analyst Slashed 2025 Revenue Estimates For Alphabet, Meta, Snap, Twitter

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…

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MoffettNathanson Maintains Buy Rating for Coinbase Global: Here's What You Need To Know

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.

Here's How This Analyst Views Fintech Stocks Affirm, Toast Amid Pandemic Recovery

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

Benzinga's Top Ratings Upgrades, Downgrades For April 5, 2022

BofA Is Bullish On Disney While MoffettNathanson Is A Tad Defensive - Read Why

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

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Snap Ramps Up International Expansion Capitalizing On Cleaner Image

Snap Ramps Up International Expansion Capitalizing On Cleaner Image

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…

Read Why MoffettNathanson Slashed Walt Disney Price Target By 6%

Read Why MoffettNathanson Slashed Walt Disney Price Target By 6%

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…

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