Wunderlich Securities Has Continued Positive Outlook On DirecTV

In a report published Tuesday, Wunderlich Securities analyst Matthew Harrigan reiterated a Hold rating and $95.00 price target on

. In the report, Wunderlich Securities noted, “We expect Hold-rated DirecTV (DTV) to continue to report good operating results apart from predictable soft Q2 U.S. seasonality, with a more robust Latin growth profile off the World Cup. We also continue to think the merger with AT&T (T-NR) makes eminent sense both strategically and financially. (The regulatory process continues to move forward across the Hemisphere, with approval from the Brazilian anti-trust regulator and U.S. states). Although there is still uncertainty around Sunday Ticket negotiations with the NFL, DirecTV did just announce that it is providing online streaming access to 2014 NFL games via a service christened NFLSundayTicket.TV.” DirecTV closed on Monday at $86.16.