Goldman Sachs Raises Price Target on Viacom (VIA-B)
More News related to VIA.B
- Oppenheimer & Miller Tabak Upgrade Viacom (VIA-B)
- Highlights From VIA's Q3 Conference Call: Movie Hits, MTV Music Awards & Rock Band Showed Strength, But Revenues Declined 3%
- Viacom (VIA) Beats The Street in Q3 (Update)
- Viacom (VIA) Tops Q3 EPS by 12c, Revs In-Line
- Viacom (VIA.B) Prices National Amusements 19.3M Offering at $28.25/share
Earlier, Goldman Sachs lifted their price target on Viacom, Inc. (NYSE: VIA.B) from $24 to $27, which is based on 11x their revised 'Street High' 2010 EPS estimate of $2.45. The firm also raised 2011 EPS estimates to $2.70. The firm thinks Viacom can deliver EPS growth of 20%.
Shares of Viacom are up 1% today to $22.37, which provides 21% upside to the firm's new price target.
Viacom Inc. operates as an entertainment content company principally in the United States and Europe.
Real-Time Market Moving News Two-Weeks FREE http://www.streetinsider.com/premium_content.php
Related Categories
Analyst CommentsStocks Mentioned
+0.28Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
