Walt Disney, Exxon, Lockheed Martin rise premarket; Spotify, Delta fall

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Susquehanna cuts airlines price targets as 'things could get worse before they get better'

October 11, 2023 10:16 AM EDT

Susquehanna analyst Christopher Stathoulopoulos cut the price target for various airline stocks Wednesday, stating that "getting back to normal doesn't look so good."

The analyst told investors in a note that with its airline coverage down fully ~35% since early July, the view is "a bottom is here (or close) would seem reasonable."

However, "with FY24 consensus estimates for capacity still aspirational, we believe... More

Needham & Company says the NFL should buy this linear TV network

October 9, 2023 9:30 AM EDT

Needham & Compay analysts believe the NFL shouldn't stand by and witness the destruction of the linear TV ecosystem.

Analyst Laura Martin said in a note Monday that the sports league should buy ABC from Walt Disney (NYSE: DIS) as the linear TV ecosystem "has powerful economics that largely flow to the NFL and other sports leagues."

Martin explained that the NFL is widely... More