Credit Suisse Initiates Coverage on CTC Media (CTCM) with an Outperform

August 15, 2008 7:55 AM EDT

Credit Suisse initiates coverage on CTC Media (Nasdaq: CTCM) with an Outperform. Price target $30.

CTC Media, Inc. operates the CTC Network, a Russian television network offering entertainment programming targeted at 6-54 year-old viewers, and the Domashny (Home) Network, a Russian television network principally targeted at 25-60 year-old female viewers.


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