Matthew Harrigan

Buckingham Research said in a note Wednesday Netflix, Inc. (NASDAQ: NFLX) is likely to remain the global category killer for Internet-Protocol TV. Accordingly, the firm initiated coverage of the company with a Buy rating and a $214 price target, which suggests 16-percent upside from current...

Millions of movie fans are likely excited to catch "The Fate of the Furious" film over the long Easter weekend, but how should investors position their portfolios? Buy Regal Matthew Harrigan of Wunderlich reiterated a Buy rating (with an unchanged $30 price target) on the movie theater chain Regal...

Comcast Corporation (NASDAQ: CMCSA)'s entrance into the mobile phone segment certainly changes the competitive landscape of the entire market. But what are Wall Street analysts saying? 'Cost Disciplined Approach' Matthew Harrigan of Wunderlich commented in a report that Comcast is...

Comcast Corporation (NASDAQ: CMCSA) announced the launch of Xfinity Mobile via the Verizon Communications Inc. (NYSE: VZ) network. It’s unclear “whether Comcast can further benefit from its WiFi network while not compromising brand perception or QoS on a best efforts network,”...

“The live action re-imagining of animated classic Beauty and the Beast [Walt Disney Co (NYSE: DIS)] opened at a March record $170 million, actually the seventh largest U.S. opening all-time and the best for a PG-rated film,” Wunderlich’s Matthew Harrigan said in a note. The...

Intel Corporation (NASDAQ: INTC) has agreed to acquire Mobileye NV (NYSE: MBLY) for $15.3 billion. This move is “just the latest affirmation that autonomous cars are quite real with attendant eventual implications for a proliferation of in-car entertainment,” Wunderlich’s Matthew...

Warner Bros.' "LEGO Batman" opened as the No. 1 movie as expected, "although the $55.6mm domestic result admittedly lagged more optimistic tracking and the studio's $60mm expectation,” Wunderlich’s Matthew Harrigan said in a note. The analyst maintained a Buy...

Lions Gate Entertainment Corporation (NYSE: LGF)reported satisfactory results and indicated that the integration of the merger with Starz Acquisition LLC (NASDAQ: STRZA) was progressing ahead of schedule. The company’s conference call had a positive tone, Wunderlich’s Matthew Harrigan...

Wunderlich believes the opening weekend estimate of Time Warner Inc (NYSE: TWX) movie "The LEGO Batman" is conservative, while the brokerage maintained its Buy rating on the shares ahead of the company’s February 8 earnings print. Is The Estimate Conservative? “We actually think the H$...

As shares of Time Warner Inc (NYSE: TWX) were trading 12 percent below the AT&T Inc. (NYSE: T) takeout price, Wunderlich’s Matthew Harrigan said the fair AT&T stock valuation following the deal is $46, which implies an $113 upside to Time Warner's valuation, inclusive of the $53.75...

Wunderlich has raised its price target on the shares of HSN, Inc. (NASDAQ: HSNI) by $2 to $42, saying the interactive multichannel retailer is devising right strategies to leverage social media such as Facebook Inc (NASDAQ: FB). Analyst Matthew Harrigan noted that HSN is working closely with...

Wunderlich’s Matthew Harrigan expects to gain better clarity regarding Lions Gate Entertainment Corp. (USA) (NYSE: LGF) management’s long-term targets at the analyst day to be held on January 10. Harrigan maintains a Buy rating on the company, while raising the price target from $26 to...

Wunderlich said the recent positive comments from NFL Commissioner Roger Goodell bode well for CBS Corporation (NYSE: CBS). The brokerage maintains its Buy rating and $72 price target on shares of CBS. Goodell On Ratings, CBS Goodell highlighted significant improvements post-election in...

Wunderlich has maintained its Hold rating on Liberty Media Group (NASDAQ: LMCA), which brought more Formula 1 investors on board via $1.55 billion share sale at a discount. Liberty issued shares of its Series C Liberty Media common stock at a price of $25.00 per share in connection with its...

Redstone-family-controlled National Amusements announced its decision to end efforts to merge Viacom, Inc. (NASDAQ: VIAB) and CBS Corporation (NYSE: CBS). “It is now apparent that Shari Redstone (and many investors) are impressed with new CEO Bob Bakish,” Wunderlich’s Matthew...