Needham & Company Raises FY Estimates on CBS (CBS); Previewing Q2
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Price: $40.77 --0%
Rating Summary:
20 Buy, 12 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 16 | Down: 11 | New: 13
Rating Summary:
20 Buy, 12 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 16 | Down: 11 | New: 13
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Needham & Company maintains a 'Buy' on CBS (NYSE: CBS) price target of $40.00.
Analyst, Laura Martin, said, "We are maintaining our 2Q12 estimates for CBS. CBS is expected to report 2Q12 revenue of $3.54B (down1% y/y), OIBDA of $864mm (down 1% y/y), and EPS from Continuing Operations of $0.58 (flat y/y)." (FY12 EPS estimate raised from $2.43 to $2.48 and FY13 from $2.64 to $2.80)
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 $32.82 yesterday.
Analyst, Laura Martin, said, "We are maintaining our 2Q12 estimates for CBS. CBS is expected to report 2Q12 revenue of $3.54B (down1% y/y), OIBDA of $864mm (down 1% y/y), and EPS from Continuing Operations of $0.58 (flat y/y)." (FY12 EPS estimate raised from $2.43 to $2.48 and FY13 from $2.64 to $2.80)
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 $32.82 yesterday.
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