Deutsche Bank lowered the firm’s price target on Sinclair Broadcast to $17 from $18 and keeps a Hold rating on the shares post the Q2 report.
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- Broadcast station owners want rights to local NBA, NHL and MLB games, CNBC says
- Disney, Apple, Amazon, YouTube interested in NBA stream rights, Bloomberg says
- Sinclair Broadcast cuts FY23 CapEx view to $100M-$110M from $115M-$120M
- Sinclair Broadcast sees Q3 revenue $742M-$763M, consensus $772.49M
- Sinclair Broadcast reports Q2 EPS ($1.38), consensus (60c)
