Pivotal Research Upgrades Discovery Communications (DISCA) to Hold

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Needham & Company Remains Sidelined on Discovery, Inc (DISCA) After Adjusting Estimates

December 7, 2018 7:05 AM EST

Needham & Company analyst, Laura Martin, reiterated a Hold rating on Discovery Communications (NASDAQ: DISCA) after adjusting 4Q estimates. Martin lowered 4Q18 total revenue estimates to $2.32B based on recent comments made by senior DISCA management stating that due to soft ratings at the Discovery... More