September 12, 2006
Not Comics: Marvel Stock Undervalued?
Here's an Associated Press article that will soon pop up everywhere about
Marvel Entertainment Inc.'s stock being undervalued according to an analyst at Citigroup. The thought seems to be that
Spider-Man and
Fantastic Four movies next summer will have a positive effect up in various revenue streams and will make the stock go up -- their target is $27, some $4-plus more than the current price.
I mention this only because this news seems to run counter to a theme of recent analysis that the departure of high-ranking Marvel officials starting with Avi Arad would be troubling to financial analysts as far as Marvel's long-range future goes. Although as I recall it wasn't 2007 that worried folks as much as the
Iron Man movie-led 2008 and beyond.
posted 5:30 am PST |
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