Deutsche Bank Reaffirms a 'Buy' on DIRECTV (DTV); Remains Growth Leader
DTV Hot Sheet
Rating Summary:7 Buy, 5 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 16 | Down: 9 | New: 35
Deutsche Bank reaffirms a 'Buy' on DIRECTV (NASDAQ: DTV), PT increased from $55 to $57.
Deutsche analyst says, "DTV remains a growth leader (‘11E 10% rev/ EBITDA growth) and is well positioned, in our view, with its high-end customer base, stringent credit standards, leading brand, advantaged distribution and fast growing LatAm (20% of ‘11E EBITDA growing 20%). Enhanced by a huge equity shrink (32% of shares by ‘13), we expect 70+% FCF/shr growth from 2011’s $3.42 to 2013’s $5.93. 23% upside to Price Target."
For more ratings news on DIRECTV click here and for the rating history of DIRECTV click here.
Shares of DIRECTV closed at $46.50 yesterday, with a 52 week range of $31.00-$47.60.
Discover Wall Street's best ratings calls with the pros - Ratings Insider Elite. Free Trial!
Deutsche analyst says, "DTV remains a growth leader (‘11E 10% rev/ EBITDA growth) and is well positioned, in our view, with its high-end customer base, stringent credit standards, leading brand, advantaged distribution and fast growing LatAm (20% of ‘11E EBITDA growing 20%). Enhanced by a huge equity shrink (32% of shares by ‘13), we expect 70+% FCF/shr growth from 2011’s $3.42 to 2013’s $5.93. 23% upside to Price Target."
For more ratings news on DIRECTV click here and for the rating history of DIRECTV click here.
Shares of DIRECTV closed at $46.50 yesterday, with a 52 week range of $31.00-$47.60.
Discover Wall Street's best ratings calls with the pros - Ratings Insider Elite. Free Trial!
You May Also Be Interested In
- Barclays Reiterates an 'Overweight' on DIRECTV (DTV); Three Legs To Stand On
- Nomura Securities Reiterates a 'Buy' on AutoZone (AZO); Tweaking Estimates After Q3 Results
- Needham & Company Maintains a 'Hold' on Dell (DELL); Lowering Estimates on Messy Q1
Create E-mail Alert Related Categories
Analyst CommentsRelated Entities
Deutsche BankSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
