Lehman Brothers Downgrades News Corp (NWS) To Equal Weight
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Lehman Brothers downgrades News Corp (NYSE: NWS) from Overweight to Equal Weight. Lehman Brothers also lowered News Corp's price target from $26 to $15.
News Corporation is a diversified entertainment company with operations in eight industry segments, including Filmed Entertainment; Television; Cable Network Programming; Direct Broadcast Satellite Television; Magazines and Inserts; Newspapers; Book Publishing, and Other. The activities of News Corporation are conducted principally in the United States, the United Kingdom, Continental Europe, Australia, Asia and the Pacific Basin.
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