| | Broadcasting & Cable Newsletter | | | | | |
| | Analysts Prefer Cable Stocks to Programmers' | By Jon Lafayette
| | With investor sentiment turning more negative on the TV business, analysts are shifting their recommendations towards cable companies and away from programmers. "We did a complete overhaul of our coverage to determine where we would like to be positioned for the foreseeable future," said Marci Ryvicker of Wells Fargo in a note Monday. "After checking in with our companies and private contacts, assessing the ad environment and taking another look at relative compares (enterprise value/EBITDA) both across and within our sectors, we really like cable—and Comcast in particular." | READ MORE » | | | | more blogs » | |
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