Analysis: Europe plan makes Discovery Communications a buy

Discovery Communications (DISCA) is on the right path with its aggressive European M&A strategy, according to Sanford Bernstein analyst Todd Juenger.

The take is a deviation from some of the criticism heaped on Discovery for its pricey purchases on the continent.

Juenger is on board for the long haul, calling Discovery a "fantastic buying opportunity" and backing his price target of $98 on the stock.

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs