Morgan Stanley Maintains Equal-Weight on Discovery, Lowers Price Target to $32
Morgan Stanley analyst Benjamin Swinburne maintains Discovery (NASDAQ:DISCK) with a Equal-Weight and lowers the price target from $34 to $32.
Discovery Beats On Q2 Earnings Backed By Strong Advertising Revenue, Key Market Recovery
Discovery Inc (NASDAQ:DISCA) reported second-quarter FY21 revenue growth of 21% year-on-year to $3.06 billion, beating the analyst consensus of $2.97 billion.…
Morgan Stanley Maintains Equal-Weight on Discovery, Lowers Price Target to $34
Morgan Stanley maintains Discovery (NASDAQ:DISCK) with a Equal-Weight and lowers the price target from $39 to $34.
Discovery Q2 EPS $1.01 Beats $0.85 Estimate, Sales $3.06B Beat $2.97B Estimate
Discovery (NASDAQ:DISCA) reported quarterly earnings of $1.01 per share which beat the analyst consensus estimate of $0.85 by 18.82 percent. This is a 31.17 percent increase over earnings of $0.77 per share from the same
Earnings Scheduled For August 3, 2021
Companies Reporting Before The Bell
• Myriad Genetics (NASDAQ:MYGN) is likely to report earnings for its fourth quarter.
• Stellantis (NYSE:STLA) is expected to report earnings for its second quarter.
Analyzing Discovery’s Unusual Options Activity
Discovery (NASDAQ:DISCK) shares experienced unusual options activity on Thursday. The stock price moved down to $28.47 following the option alert.
Why The Discovery-AT&T Deal Poses A Credible Threat In Streaming Wars
One of the biggest megamergers in the entertainment industry — between streaming assets from AT&T Inc (NYSE: T) and Discovery Communications (NASDAQ: