Here are the biggest analyst calls of the day: Roku, Constellation Brands, Etsy & more

Here are the biggest calls on Wall Street on Friday

MKM said in its initiation note that it likes the "strength" of Constellation's Modelo brand.

"The unrelenting strength, and resulting cash generation, of Modelo affords Constellation the flexibility to invest in innovation, adjacent industries and marketing. Most of its peers are facing the opposite: declining volumes and a P&L under fixed cost pressures forcing a tightening of the investment belt. Constellation has an occasion expanding opportunity behind cans and should enjoy better tailwinds from relative channel pricing .

"We see dramatically more competition emerging that will likely drive the cost of OTT devices to zero and put material pressure on advertising revenue splits highlighted by Comcast's recent moves with its free Xfinity Flex product that is likely to be copied by other distributors.receives a premium valuation for potential outsized subscriber growth and ARPU opportunities that we believe are materially reduced post the CMCSA move.

"We now estimate that Google Cloud Platform will generate roughly $5 billion in revenues next year – and along with G-Suite – total Google Cloud revenues in the $11 billion range. With AWS valued at approximately $400 billion in our sum of the parts, this implies a value of roughly $100 billion for

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Here are the biggest analyst calls of the day: FedEx, Roku, American Eagle Outfitters & moreHere are the biggest calls on Wall Street on Wednesday
Read more »

Stocks making the biggest moves midday: FedEx, Roku, Chewy & moreCheck out the companies making headlines in midday trading.
Read more »

Roku Sees Streaming Topping Pay-TV By 2024 But Stock Dives On Facebook, Comcast NewsRoku issued research Wednesday that forecasts TV viewing via streaming will exceed pay-TV viewing by 2024, but the company’s stock dropped sharply after Facebook and Comcast made streaming ne…
Read more »

Roku Launches New Streaming Devices, Doubles Down on Content CurationAs every year, Roku is going into the holiday shopping season with a handful of new devices: The company unveiled a revamped $30 entry-level Roku Express streaming device as well as new version of …
Read more »

Here are the biggest analyst calls of the day: FedEx, Roku, American Eagle Outfitters & moreHere are the biggest calls on Wall Street on Wednesday
Read more »