Steven Cahall

Netflix Inc. (NASDAQ: NFLX) received a notable downgrade on Monday on expectations for lower cash returns. The Analyst Wells Fargo's Steven Cahall downgraded Netflix from Market Perform to Underperform, lowering the target price from $308 to $265. The Thesis Netflix had a good piece of the...

World Wrestling Entertainment, Inc. (NYSE: WWE) shares traded lower on Tuesday despite a bullish initiation by a major Wall Street firm. The Analyst Wells Fargo analyst Steven Cahall initiated coverage of WWE with an Outperform rating and $94 price target. The Thesis Cahall said WWE represents a...

Media stocks were on the move on Tuesday after Wells Fargo initiated coverage on the space. CBS Corporation (NYSE: CBS), Walt Disney Co (NYSE: DIS) and Fox Corp (NASDAQ: FOX)(NASDAQ: FOXA) were among the most noteworthy initiations among the traditional TV group. CBS Analyst Steven Cahall initiated...

Netflix Inc (NASDAQ: NFLX) is at a "turning point" with investors as management faces a few difficult decisions ahead that can impact the stock, according to Wells Fargo. The Analyst Wells Fargo analyst Steven Cahall initiated coverage of Netflix with a Market Perform rating and $288...

The chances for a Viacom Inc. (NASDAQ: VIAB) merger with CBS Corporation (NYSE: CBS) now look pretty good, accorindg to RBC Capital Markets . The Analyst RBC’s Steven Cahall upgraded Viacom from Sector Perform to Outperform and raised the price target from $31 to $36. The Thesis Viacom’...

Cord cutters and the changing way Americans watch TV programming are spurring RBC Capital Markets to downgrade the nation’s two most dominant cable companies. The Analysts RBC’s Steven Cahall downgraded Comcast Corporation (NASDAQ: CMCSA) from Outperform to Sector Perform and lowered...

It’s high-risk and “not for the faint of heart,” but CBS Corporation (NYSE: CBS) could emerge from a tumultuous 2018 as a high-reward investment in the new year, according to some sell-side analysts.  The media company is likely to find a new CEO early in the year,...

Twenty-First Century Fox Inc (NASDAQ: FOXA) beat bottom- and top-line estimates in its Wednesday earnings report, but with the Walt Disney Co (NYSE: DIS) deal on its way to closing and no other value-boosting bids in sight, Fox is has struck its near-term peak, according to RBC...

Investors focusing on just the headline numbers in Walt Disney Co (NYSE: DIS)'s below-consensus third-quarter report may want to reconsider, according to RBC Capital Markets' Steven Cahall.  The Analyst RBC Capital Markets' Cahall discussed Disney's earnings as a guest on...

AMC Networks Inc (NASDAQ: AMCX) has seen its stock fall more than 11 percent over the past year, and its valuation today implies investors are still "taking a cautious view" of the company, according to RBC. The Analyst RBC Capital Markets' Steven Cahall initiated coverage of AMC...

Viacom, Inc. (NASDAQ: VIAB) celebrated a strong first quarter, which saw improvements in domestic advertising, subscriptions declines and revenue guidance. Shares popped 11.3 percent on Thursday’s report, and one analyst sees continued upside. The Rating RBC Capital Markets analyst Steven...

Walt Disney Co (NYSE: DIS) is one of Wall Street's most hotly contested stocks given its exposure to cable TV through its ESPN unit. But there is no debate among analysts at RBC Capital Markets who named the stock on Monday a "Top Pick." The firm's Steven Cahall upgraded Disney...

RBC Capital’s Steven Cahall believes the year-to-date underperformance of Walt Disney Co (NYSE: DIS) shares, despite the strength in non-media, suggests continuing discomfort surrounding ESPN. Cahall maintains a Sector Perform rating on the company, with a price target of $101. Value Creation...

RBC Capital Markets downgraded United Technologies Corporation (NYSE: UTX) from Outperform to Sector Perform on Tuesday. The firm also trimmed its price target on the stock from $113.00 to $110.00. Shares of United Technologies are down more than 1 percent on Tuesday trading. In a report issued...