CBS Corp. (CBS): CBS/VIAB Combo Looks Better Than We Thought - Wells Fargo

November 1, 2016 7:58 AM EDT
Get Alerts CBS Hot Sheet
Price: $61.15 --0%

Rating Summary:
    23 Buy, 7 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 4
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Wells Fargo analyst, Marci Ryvicker, reiterated her Outperform rating on shares of CBS (NYSE: CBS) and her Market Perform rating on shares of Viacom (NASDAQ: VIAB) noting that the combination looks better than at first glance.

She now sees upside to her CBS valuation range of $64 - $66 if the acquisition occurs.

For an analyst ratings summary and ratings history on CBS click here. For more ratings news on CBS click here.

Shares of CBS closed at $56.62 yesterday.

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