Latest news with #Ehrlich
Business Insider
08-08-2025
- Business
- Business Insider
The Trade Desk Stock (TTD) Tumbles 40% as Wall Street Loses Confidence Post Q2 Results
The Trade Desk (TTD) delivered a decent Q2 earnings report yesterday, but Wall Street and investors continued to lose patience. BofA Securities analyst Jessica Reif Ehrlich double-downgraded TTD stock to Sell from Buy and slashed her price target to $55 from $130. Several other firms, including MoffettNathanson, Citi, and Wedbush, have also downgraded the stock, citing growth, competition, and valuation concerns. Importantly, TTD stock opened 40% lower on Friday morning. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Key Analyst Concerns BofA's Ehrlich says Trade Desk's first-ever guidance miss in Q4 2024 was a major red flag. While bulls blamed it on rollout issues with its Kokai platform, Ehrlich pointed out that the Q3 forecast shows slower growth, suggesting deeper problems. She also noted that rising competition from big players such as Amazon (AMZN), which is reporting stronger ad growth. Although Ehrlich still believes The Trade Desk can grow revenue in the double digits, she argues that its premium valuation is no longer justified. Her new price target of $55 is based on a 20x multiple of 2026 adjusted EBITDA, down sharply from the previous 45x. Another analyst, MoffettNathanson's Michael Nathanson, echoed the sentiment. He downgraded TTD to Sell from Hold and lowered the price target to $45 from $75. As TTD's revenue growth slows and its profit margins shrink, Nathanson argues the stock should be valued more like traditional companies, based on actual earnings and cash flow. At the same time, Wedbush's Scott Devitt and Ygal Arounian from Citi downgraded the stock to Hold, citing slower growth, limited visibility, and rising competitive intensity, especially from Amazon's demand-side platform. Is TTD a Good Buy? Turning to Wall Street, TTD has a Strong Buy consensus rating based on 24 Buys and four Holds assigned in the last three months. At $94.58, the average Trade Desk stock price target implies 75.77% upside potential.
Yahoo
10-07-2025
- Business
- Yahoo
BofA Raises Price Target on Charter Communications (CHTR) to $500 from $450, Maintains a Buy Rating
Charter Communications, Inc. (NASDAQ:CHTR) is one of the . On July 1, analyst Jessica Reif Ehrlich from Bank of America Securities maintained a Buy rating on Charter Communications, Inc. (NASDAQ:CHTR), raising the price target to $500.00 from $450.00. A line of cable boxes and modern televisions, representing the company's video services. The analyst supported the optimistic rating with the company's performance, stating that it is anticipating improvements in broadband subscriber losses, primarily driven by losses related to the Affordable Connectivity Program and the continued success of its Spectrum Life Unlimited offering. Ehrlich further stated that Charter Communications, Inc.'s (NASDAQ:CHTR) introduction of a new seamless video offering and its expansion into rural areas are expected to increase subscriber numbers and reduce churn. The company is poised for stability, according to the analyst, with a modest drop in revenue estimates offset by simultaneous expense reductions, resulting in no impact on EBITDA. Charter Communications, Inc. (NASDAQ:CHTR) provides broadband communications services. The company's offerings include Spectrum TV, Spectrum Internet, and Spectrum Voice. Charter Communications, Inc. (NASDAQ:CHTR) also offers data networking, business-to-business Internet access, video and music entertainment services, business telephone, and wireless backhaul. While we acknowledge the potential of CHTR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
09-06-2025
- Business
- Yahoo
Bank of America Still Sees Upside In a Warner Bros. Discovery Split
Bank of America's securities research team sees the spinoff drama at Warner Bros. Discovery over its linear TV, studios and streaming businesses worth viewing for outsized investor returns. 'We believe the market value for WBD's Studio and DTC (direct-to-consumer) assets standalone could far exceed the market cap of the company today,' BofA Securities analyst Jessica Reif Ehrlich said in a June 2 investor note. A break up of Warner Bros. Discovery since its 2022 merger has long been weighed as a possibility among Wall Street analysts, and Ehrlich sees a potential spinoff of WBD's linear TV assets doing the job of strategically unlocking unrealized shareholder value. More from The Hollywood Reporter Warner Bros. Discovery Credit Rating Cut to Junk Bond Status on Linear TV's Decline John Oliver Slams the "Genius" Who Keeps Changing HBO Max's Name, Admonishes Parent Company Exec for Anticipating His "Hot Take" Behind Warner Bros.' $125 Million Arbitration Win Against Village Roadshow Over 'Matrix Resurrections' A possible scenario would see Warner Bros. studios paired with Max, leaving the Discovery linear cable channels to be carved off and left to operate standalone — a potential model NBCUniversal is doing with Versant. 'Further, as a standalone linear asset, we believe there is an opportunity to consolidate a long tail of linear assets (e.g. Versant) that are currently housed within other media organizations,' Ehrlich argued. While the cable business used to be a cash driver for studios, the TV channels lately have become a drag on earnings, and investors have dinged companies that have been weighed down by channels tied to bundles that have fast fallen out of out of favor with consumers who've spent instead on individual streaming services. NBCU is spinning off most of its cable assets — minus Bravo and including CNBC — into a new company called Versant. No potential split of WBD has been formally announced. But the major studio has already begun to reorganize the company with an eye to a possible spinoff of its legacy TV assets. In Dec. 2024, the studio said it had reworked its corporate structure into a global linear TV division, separate from its streaming and studios division. WBD added it had begun the early steps leading toward the new corporate reorganization, with a completion set for mid-2025. Ehrlich said the new corporate structure was designed to 'enhance strategic flexibility and create potential opportunities to unlock shareholder value', as WBD operates in two divisions. The Wall Street analyst also addressed WBD recently being downgraded to BB+, or junk bond status, for 2025 and 2026 by S&P Global over linear TV weakness as the Hollywood studio continues to pivot to the streaming space. 'Ironically, we view this as a positive development,' Ehrlich wrote as the downgrade potentially contributes to WBD's balance sheet flexibility. Gunnar Wiedenfels, CFO of WBD, on May 15 during an investors conference appearance put no timing on possible 'strategic action' at the company to better reveal the underlying value of studio assets. 'I can't give a specific timeline, and there is no specific timeline. But we definitely share the view that our current share price is not reflecting the underlying the value of our company,' he said. The BofA Global Research analyst maintained a buy rating and a price target of $14.00 for shares in WBD. The studio's stock was trading up 5 cents to $9.98 in early afternoon trading on Monday. Best of The Hollywood Reporter How the Warner Brothers Got Their Film Business Started Meet the World Builders: Hollywood's Top Physical Production Executives of 2023 Men in Blazers, Hollywood's Favorite Soccer Podcast, Aims for a Global Empire
Miami Herald
30-05-2025
- Business
- Miami Herald
Bank of America sends a strong message on Netflix
With news of Trump's tariffs plan changing by the day and sometimes even by the hour, many investors are unsure where to place their bets as they look forward this year. While many look to Magnificent 7 stocks as reliable anchors, there's always the chance those holdings can waver. Don't miss the move: Subscribe to TheStreet's free daily newsletter Tesla is a perfect example. Elon Musk's famed EV company has been the darling of the automotive world for some time, and betting on his visionary outlook has been a winning strategy for many. But the stock has taken a beating since Musk went to work for the Department of Government Efficiency (DOGE) this year, and while the billionaire has just officially ended his time in that role, Tesla has taken a beating in the interim, making many unsure whether the stock is still a good bet for the future. In the meantime, there is one stock that's been steadily growing since early 2022, and if you haven't considered it, a new note from Bank of America may make you think you should. Related: Bank of America CFO has surprising response to recession concerns In BofA's May 30 note, it had glowing praise for Netflix (NFLX) , calling the streaming company "a top performer." BofA Research Analyst Jessica Reif Ehrlich attributes this to a variety of factors, including "sustained earnings momentum, positive subscriber trends (last reported subs in January, which showed massive ~19mn net adds in 4Q), and a defensive rotation related to tariffs (although less pronounced over the last month)." More Tech Stocks: Palantir gets great news from the PentagonAnalyst has blunt words on Trump's iPhone tariff plansOpenAI teams up with legendary Apple exec "We continue to view Netflix as well positioned, given the company's unmatched scale in streaming, further runway for subscriber growth, significant opportunities in advertising and sports/live, and continued earnings and FCF growth," the note continues. Related: Netflix is making an unexpected move no one saw coming Ehrlich also focused on Netflix's current and upcoming content slate, which she describes as a healthy balance between original content, ongoing franchises, finales, and live/sports content. "In our view, the return of Netflix's three most watched series - 'Squid Game' (6/27), 'Wednesday' (8/6) and 'Stranger Things (2h25)' - alongside new releases such as Guillermo del Toro's 'Frankenstein,' Adam Sandler's 'Happy Gilmore 2' and Tina Fey's 'The Four Seasons' supports healthy retention and subscriber growth." "Finally, key live events such as boxing from Madison Square Garden (produced by Most Valuable Promotions/Jake Paul), and strong NFL Christmas Day matchups will boost Netflix's ad-supported efforts," the note reads. Ehrlich wrapped up the note by announcing that BofA would keep the Buy rating it already recommends for the stock, but make a change to the price objective change. "We reiterate our Buy rating and raise the PO to $1,490 (from $1,175 prev.) based on ~40x (equal to Netflix's current CY25E trading multiple; from ~32x prev.) CY26E EBITDA," she said. And for those who've already invested in Netflix and are watching to see it pan out, BofA has promising words. "Supported by its world-class brand, leading global subscriber scale, position as an innovator and increased visibility in growth drivers, we believe that Netflix will continue to outperform," the note reads. Related: Netflix is making a change longtime users won't like The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
Epoch Times
30-04-2025
- Entertainment
- Epoch Times
‘The Sea Chase': Navigating War, Romance, and Melodrama
NR | 1h 57m | Action, Drama, War | 1955 There are some old war films that promise a good high-seas adventure. An Internet Movie Database introduction of 'The Sea Chase' (1955) offers an intriguing narrative: 'As World War II begins, German freighter Captain Karl Ehrlich tries to get his ship back to Germany through a gauntlet of Allied warships.' If the film was remotely close to the excellent ' I glanced at the credits to see who would be donning the captain's cap and barking orders in a thick German accent, and my eyebrows shot up: John Wayne. Yes, the man of the frontier and symbol of rugged Americana playing a German naval officer. I blinked a few times to make sure it wasn't a typo. This was an odd casting choice, though Marlon Brando did play a German officer in 'The Young Lions' and absolutely nailed it. (L–R) Lana Turner, Lex Barker, director John Farrow, and John Wayne on the set of "The Sea Chase." Warner Bros. A Voyage Fraught With Peril The story begins in 1939 Sydney, Australia, where Capt. Karl Ehrlich (Wayne, giving a uniquely American spin to a German seaman) finds himself stuck in port with his aging freighter, the Ergenstrasse. A former German naval officer booted out of the Navy for refusing to back the Nazis, Ehrlich loves his country but despises its new masters and figures that war is coming fast. Related Stories 10/27/2024 7/5/2024 Facing the internment of the Ergenstrasse if he stays, Ehrlich gambles everything on a daring nighttime escape through heavy fog. But before setting sail, an old friend, British Cmdr. Jeff Napier (David Farrar), pays him a visit and introduces Ehrlich to his fiancée, Elsa Keller (Lana Turner). He recognizes Elsa immediately for all the wrong reasons. Elsa's past is rather murky, and Ehrlich wastes no time warning her to break off the engagement while Napier is at headquarters or else he will. Capt. Karl Ehrlich (John Wayne) is more than a little suspicious of Elsa Keller (Lana Turner), in 'The Sea Chase.' Warner Bros. Complications only deepen when the German consul-general forces Ehrlich to take Elsa aboard as a secret passenger, revealing that she's purportedly a spy whose life is in danger. Now, the Ergenstrasse slips into the vast Pacific, where every mile becomes a fight for survival; fuel runs low and the formidable British Navy hunts the freighter. 'The Sea Chase' is a film of intriguing contradictions. At its best, it captures the tension of life at sea during wartime. At its worst, it slips into melodrama that feels locked inside a studio. Director John Farrow's deliberate pacing, often criticized, actually fits the material. The long stretches of waiting, tense refueling stops, and grim crises like a rat infestation (solved ingeniously with spoiled meat on the ropes) build a steady, believable suspense. When a sailor falls victim to a shark attack and later succumbs to gangrene, the helplessness of the crew is portrayed with brutal honesty. Melodrama on Deck Capt. Karl Ehrlich (John Wayne, L) and Schlieter (James Arness), in 'The Sea Chase.' Warner Bros. The film's best moments, particularly during the early sequences, capture the rough, exhausting life aboard ships, where every decision and every movement feels burdened by the uncertainty of the mission. The cinematography stands out, with sweeping shots of the ship at sea, the harsh waves seeming to reflect the emotional turbulence of the characters. The isolation of being on the water is palpable. Farrow's pacing, often drawn-out, mirrors the endless waiting and unpredictability of life at sea. It's in these moments of reflection that the film creates a genuine sense of unease. The film sometimes falters under its own studio constraints. Despite strong direction in moments of tension, the film often veers into clichéd, overly theatrical territory. Turner, whose chemistry with Wayne is lukewarm, highlights the struggle between character development and forced romance. The script, credited to multiple writers, doesn't help. Subplots, like the romantic jealousy of Farrar's character and the cartoonish Nazi villain, don't resolve in any meaningful way. 'The Sea Chase' is a visually striking naval adventure, with breathtaking location shots that truly immerse the audience in its setting. While the film delivers the sense of tension aboard the ship, it's somewhat held back by melodramatic elements that are often seen in films of its era. 'The Sea Chase' is available on Amazon Prime Video, Apple TV, and YouTube. 'The Sea Chase' Director: John Farrow Starring: John Wayne, Lana Turner, David Farrar Not Rated Running time: 1 hour, 57 minutes Release Date: June 4, 1955 Rated: 3 stars out of 5 What arts and culture topics would you like us to cover? Please email ideas or feedback to
