Why A Comcast Buyout Of Roku Is Unlikely

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Why A Comcast Buyout Of Roku Is Unlikely

Benzinga2021-06-25

A report this week from the Wall Street Journal suggested media giant Comcast Corporation(NASDAQ:CMCSA) could be looking to make an aggressive move into the streaming space. On Thursday, Bank of ...

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Tongkong
·2021-06-25
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- Greenbull18:
  [Smile]
  2021-06-25
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BWayne
·2021-06-25
Interesting
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TrinaNg
·2021-06-25
Hi
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NJHJ
·2021-06-25
hi
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- DLiew:
  Like and comment
  2021-06-25
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tyng8825
·2021-06-25
Good
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2
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KHW
·2021-06-25
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EverSys
·2021-06-25
More
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1
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Amel_91
·2021-06-25
?
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1
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Gabbitto
·2021-06-25
Wowow
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1
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woah
·2021-06-25
Like and comment thank u
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- NJHJ:
  ok
  2021-06-25
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Owr
·2021-06-25
[Happy]
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Zhenke
·2021-06-25
Wasssdsup
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CloudLoo
·2021-06-25
Good
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3
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CloudLoo
·2021-06-25
?
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5
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Rainy_Diary
·2021-06-25
Good news.
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Hello123
·2021-06-25
Wow
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JoshuaLiew
·2021-06-25
Oh no y not
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- JoshuaLiew:
  Haix
  2021-06-25
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SNOOKER76
·2021-06-25
Good article
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- Doris11:
  indeed
  2021-06-25
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- HYHY1992:
  Nice
  2021-06-25
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eaturvegs
·2021-06-25
oh
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Ermmmmmm
·2021-06-25
Ohhh
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She said the return of buybacks is an indication a major buyout is likely not imminent.\nLooking into the distant future, Ehrlich said Comcast may eventually look to supplement its content library and production capabilities via M&A deals with Discovery Communications (NASDAQ:DISCA) or ViacomCBS(NASDAQ:VIAC), but any deal would need to come at an attractive valuation.\nFor now, Ehrlich said Comcast’s cable business is growing at a healthy rate and the NBC Universal/Peacock combination makes Comcast the powerhouse in traditional media advertising in 2021.\nBank of America has a Buy rating and $69 price target for Comcast.\nBenzinga’s Take:Traditional cable TV may be dying a slow death, but Comcast is certainly not going down with the ship. Bank of America is projecting double-digit EPS growth and positive revenue growth for Comcast through at least 2023.\nComcast shares fell Wednesday afternoon following the report. 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