DLB Dolby Laboratories Message Board

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Technology Stocks : DLB Dolby Laboratories

DLB 81.93

+2.4%

Mar 14 3:59 PM EDT

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To: Cooters who wrote (313)	11/21/2024 12:12:52 PM
From: Cooters	of 321

Rosenblatt analyst Steve Frankel raised the price target on Dolby Laboratories to $100.00 (from $98.00) while maintaining a Buy rating. The analyst comments "Dolby posted strong Q4 results and gave FY25 guidance that was above the Street, reflecting stabilizing demand and the accretion of the GE Licensing deal. We see growing traction for Atmos & Vision as the key to return to steady top line growth and continued margin expansion. With the shares trading at a mid-teen PE on CY25 EPS, we are reiterating our Buy rating and raising our PT from $98 to $100."

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