AMC Networks (AMCX) Tops Q2 EPS by 33c

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AMC Networks (AMCX) Buy Rating Maintained at Pacific Crest; PT Trimmed to $83

August 7, 2015 11:37 AM EDT

Pacific Crest maintained an Overweight rating on AMC Networks (NASDAQ: AMCX) but lowered its price target to $83.00 (from $88.00). Analyst Andy Hargreaves continues to view the stock as a "buy" and noted demand for its originals remains high.

"We continue to believe AMC's focus on... More

Disney warning eclipses AMC Networks' sales rise

August 6, 2015 1:24 PM EDT

By Lehar Maan

(Reuters) - AMC Networks Inc's (NASDAQ: AMCX) shares fell as much as 14 percent despite the company's strong results, continuing a slide triggered by Walt Disney Co's (NYSE: DIS) forecast that suggested that more customers were deserting paid TV than expected.

Walt Disney Co alarmed investors with a dour outlook for its cable business on Wednesday, overshadowing Time Warner Inc's (NYSE: TWX) strong quarterly results and... More

Stifel Maintains Bullish View on AMC Networks (AMCX) Following Results; Says Affiliate and Advertising Remain On Track

August 6, 2015 1:01 PM EDT

Stifel analyst Benjamin Mogil reiterated his Buy rating and $89 on AMC Networks (NASDAQ: AMCX) following Q2 results this morning. Shares are down nearly 10% following the print.

"We remain Buy rated with an unchanged target price following AMC's 2Q15 earnings," Mogil said. "While... More