The average of price targets set by Wall Street analysts indicates a potential upside of 41.1% in Discovery (DISCA). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
AT&T (NYSE: T) shared some details about its HBO Max business ahead of an investor conference earlier this month. The numbers indicate HBO added about 4.4 million subscribers in the fourth quarter. When AT&T reports its fourth-quarter results later this month, investors will want to see a turnaround in domestic subscribers.
Here is how Discovery Communications (DISCA) and InterContinental Hotels (IHG) have performed compared to their sector so far this year.