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Citigroup Upgrades SeaWorld To Buy Citing Favorable Valuation Following Share Price Collapse
Thursday, September 22, 2016 - 6:58am | 324SeaWorld Entertainment Inc’s (NYSE: SEAS) performance has been hit both by competitive pressure and adverse publicity. Citing some reasons for taking “a more positive stance on the shares,” Citigroup’s Jason B Bazinet upgraded the stock from Neutral to Buy, maintaining the...
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Citi Highlights A Couple 'Unique Figures' Driving Charter's Growth Story
Thursday, June 16, 2016 - 8:40am | 332The acquisition by Charter Communications Inc (NASDAQ: CHTR) of Time Warner Cable Inc (NYSE: TWC) and Bright House offers investors “a unique opportunity,” Citi’s Jason B Bazinet said in a report. Terming Charter as a unique growth story, analyst Jason Bazinet said that it was...
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Citi Waiting On The Sidelines In Liberty Media, Liberty SiriusXM
Friday, May 13, 2016 - 8:14am | 384On April 18, 2016, Liberty Media split into three new tracking stocks. SiriusXM Group (NASDAQ: LSXMA) now controls Sirius, with a 64 percent stake, Braves Group (NASDAQ: BATRA) controls the Atlanta Braves and Media Group, while Liberty Media Corp (NASDAQ: LMCA) has a stake in Live Nation and...
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Orlando Airport Traffic Signals Potential Trouble For SeaWorld Stock
Friday, April 15, 2016 - 10:10am | 254Shares of SeaWorld Entertainment Inc (NYSE: SEAS) have rallied 27 percent since March 17, when the company announced the end of orca breeding and a phase-out of orca shows. Citi’s Jason B Bazinet downgraded the rating for the company from Buy to Neutral, with a price target of $22. Shift...
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Citi Spooked By Viacom, Downgrades Stock Just 6 Weeks After Upgrade
Friday, April 1, 2016 - 7:55am | 262Viacom, Inc. (NASDAQ: VIAB) has announced that it might sell a part of its stake in Paramount, while the consensus forecasts for 2016 and 2017 have been revised downward. Citi’s Jason B. Bazinet downgraded the rating on the company from Buy to Neutral, while lowering the price target from...
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LINTA May Gain Control of HSN
Friday, November 20, 2009 - 1:06pm | 118Jason B Bazinet of Citi upgraded his rating for Liberty Interactive (NASDAQ: LINTA) from "hold" to "buy," while raising his estimates for the company. The target price for LINTA has been raised from $12 to $13.25. Citi mentioned that LINTA has been successful in delivering robust EBITDA growth in...