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Disney, Comcast, Fox Get Top Ratings Among Media Conglomerates Thanks To Sports Rights, Streaming Strength: Analyst Prefers 'Deep Competitive Moats'

Benzinga ·  Jun 26 02:12

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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