DLB Dolby Laboratories Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : DLB Dolby Laboratories

DLB 64.52

-1.6%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Cooters	9/15/2017 3:44:53 PM
	of 324

*CFRA is the old S&P or S&P Capital IQ* September 13, 2017 02:51 pm ET ... CFRA REDUCES VIEW ON SHARES OF DOLBY LABORATORIES TO HOLD FROM BUY (DLB 58.88***):We raise our 12-month target price by $3 to $63, 21.8X our FY 18 (Sep.) EPS estimate, in line with relative peers, but above its historical average, around 18X.We keep our EPS estimates for FY 17 at $2.57 but increase our FY 18 EPS to $2.90 from $2.86, taking into account incremental royalties from the inclusion of Dolby Vision (High Dynamic Range) in the iPhone X, iPhone 8 and Apple TV 4K. Although we remain encouraged by DLB's momentum establishing a larger presence in mobile (vision and audio), we note variability in timing of payments may clout visibility near term. /D. Holt -- This is basically a downgrade on the price rise, on valuation. I think that is exactly where we are at with DLB at the moment. Future bright and getting a little brighter, stock price reflects it

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next