Several media stocks were sized up by an analyst as the sector saw ongoing changes from cord-cutting and the growth of streaming platforms.
The Analyst Ratings:Goldman Sachs analystMichael Nginitiated coverage on the following stocks with the following price targets.
Walt Disney Co(NYSE:DIS): Buy rating, $125 price target
Comcast Corp(NASDAQ:CMCSA): Buy rating, $44 price target
Fox Corp(NASDAQ:FOX)(NASDAQ:FOXA): Buy rating, $42 price target
Warner Bros. Discovery(NASDAQ:WBD): Neutral rating, $8.50 price target
Paramount Global(NASDAQ:PARA)(NASDAQ:PARAA): Sell rating, $9.50 price target
Stagwell Inc(NASDAQ:STGW): Neutral rating, $6.50 price target
The Analyst Takeaways...
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