Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

Benzinga

Business

Shivani Kumaresan

BofA Downgrades This Media Conglomerate - Read Why

BofA Qurate Qurate Retail Qurate Retail Inc

BofA analyst Jason Haas downgraded Qurate Retail Inc (NASDAQ:QRTEA) to Neutral from Buy with a price target of $6.30, down from $11.50, implying a 6.6% upside.
The analyst noted Qurate's Q4 pre-announcement was "disappointing", and while he thought this was driven by supply chain issues, the final earnings report suggested that competitive issues and poor execution impacted business.
While the management expects supply chain issues to abate beyond the first half of the year, visibility is low, Haas added.
Related: Qurate Retail's Stock Slides On Q4 Earnings Miss
Price Action: QRTEA shares are trading lower by 4.23% at $5.66 in premarket on the last check Monday.

Sign up to read this article

Read news from 100’s of titles, curated specifically for you.

Already a member? Sign in here

Top stories on inkl right now

‘A serious disease’: Congress weighs federal gambling crackdown amid growing concerns

‘A serious disease’: Congress weighs federal gambling crackdown amid growing concerns

With sports betting now legal in 38 states, experts worry that gambling addiction is also growing

The Guardian - US

75mph gusts forecast as Christmas getaway disruption continues

75mph gusts forecast as Christmas getaway disruption continues

Met Office yellow warnings for wind remain in place across large parts of Britain.

The Independent UK

Justice Clarence Thomas did not disclose additional luxury trips funded by billionaire patron

Justice Clarence Thomas did not disclose additional luxury trips funded by billionaire patron

All of the gifts Justice Thomas has accepted from a Republican donor are valued at $4.75 million, according to a new report

The Independent UK

Fatal Crash In Brazil Kills 38 In Bus-Truck Collision

Fatal Crash In Brazil Kills 38 In Bus-Truck Collision

Tragic bus-truck collision in Minas Gerais, Brazil, claims 38 lives. Governor declares emergency, President offers support. Urgent road safety measures needed.

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Michael B Jordan 'intruder' claimed to be part of his security team

Michael B Jordan 'intruder' claimed to be part of his security team

Police were called to Michael B. Jordan's home after an alleged intruder was spotted in his garden - and the man told cops he was part of the star's security detail.

Family of Wisconsin school shooting victim say they hold ‘no bitterness’ against teen killer Natalie Rupnow

Family of Wisconsin school shooting victim say they hold ‘no bitterness’ against teen killer Natalie Rupnow

Rubi Vergara’s uncle, Andrew Remus, said that Natalie Rupnow’s family ‘lost a daughter too’

The Independent UK

Related Stories

Top stories on inkl right now

‘A serious disease’: Congress weighs federal gambling crackdown amid growing concerns

‘A serious disease’: Congress weighs federal gambling crackdown amid growing concerns

With sports betting now legal in 38 states, experts worry that gambling addiction is also growing

The Guardian - US

75mph gusts forecast as Christmas getaway disruption continues

75mph gusts forecast as Christmas getaway disruption continues

Met Office yellow warnings for wind remain in place across large parts of Britain.

The Independent UK

Justice Clarence Thomas did not disclose additional luxury trips funded by billionaire patron

Justice Clarence Thomas did not disclose additional luxury trips funded by billionaire patron

All of the gifts Justice Thomas has accepted from a Republican donor are valued at $4.75 million, according to a new report

The Independent UK

Fatal Crash In Brazil Kills 38 In Bus-Truck Collision

Fatal Crash In Brazil Kills 38 In Bus-Truck Collision

Tragic bus-truck collision in Minas Gerais, Brazil, claims 38 lives. Governor declares emergency, President offers support. Urgent road safety measures needed.

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Michael B Jordan 'intruder' claimed to be part of his security team

Michael B Jordan 'intruder' claimed to be part of his security team

Police were called to Michael B. Jordan's home after an alleged intruder was spotted in his garden - and the man told cops he was part of the star's security detail.

Family of Wisconsin school shooting victim say they hold ‘no bitterness’ against teen killer Natalie Rupnow

Family of Wisconsin school shooting victim say they hold ‘no bitterness’ against teen killer Natalie Rupnow

Rubi Vergara’s uncle, Andrew Remus, said that Natalie Rupnow’s family ‘lost a daughter too’

The Independent UK

Our Picks

You can bet on anything. Should you?

Here are the risks involved when playing in America's growing casino

SNL’s star-studded cold open called the ‘best in the history of the show’

The sketch featured celebrities who have all hosted the show five times

The Independent UK

“Crowds would get agitated as soon as they heard Slash’s intro riff”: Duff McKagan on the making of a Guns N’ Roses classic

How a song about the “hardscrabble lives” of the fledgling rockers became a timeless rock anthem

'Stranger Things' cast pens emotional notes after final season production wraps

Netflix recently announced that the production of Stranger Things season five has officially wrapped. Read further on Dynamite News:

Mufasa: The Lion King review – technically dazzling Disney origin story lacks soul

Moonlight director Barry Jenkins’s all-action tale boasts uncanny CGI effects and songs by Lin-Manuel Miranda, but the screenplay is schmaltzy and derivative

The Guardian - UK

How to watch or stream Sunday’s Week 16 games of the NFL’s 2024-2025 football season live, online, and free without cable

It’s a holiday feast of football!

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play