- January 4, 2022
With the cost of the streaming wars accelerating, Wall Street is likely to spend much of the new year debating what subscriber trends and production budget news will mean for 2022’s stock winners and losers.
And the impact of the coronavirus pandemic, notably the Omicron variant, on businesses will also be in focus for analysts and investors assessing where to place bets in the new year.
Below, The Hollywood Reporter takes stock of six media-entertainment analysts’ recent upgrades and stock picks for the year ahead.
Tim Nollen, Macquarie
Picks: Discovery and Disney
Why: The analyst upgraded Discovery in November with a $40 stock price target, citing “strong Discovery+ growth, the upcoming transformational WarnerMedia merger and a cheap valuation.” And he emphasized in a December note: “We believe that over the next year Discovery stock should be a highlight within the media sector given the tailwinds and thesis.”
- January 4, 2022
He said, she said. The Real Housewives of Orange County star Noella Bergener’s divorce from James Bergener quickly turned messy as the former couple hashed out the custody of their son, financial arrangements and more.
Noella and James dated for five years before tying the knot in June 2020. They relocated to Puerto Rico in late 2020, but she returned to California in May 2021 to appear on RHOC. After making guest appearances on the Bravo show during season 15, she became a main cast member for season 16, which premiered in December 2021.
Us Weekly confirmed in August 2021 that Noella filed for legal separation from James in Orange County after one year of marriage, listing “irreconcilable differences” as the reason for their split. She requested primary and physical custody of their son, James, and monthly spousal support.
However, James’ attorney told Us that he filed for