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Needham & Company Raises CBS (CBS) PT by $8 on REIT News

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Benchmark Raises PT on CBS (CBS) to $48

January 18, 2013 9:00 AM EST

Benchmark raised its price target on CBS (NYSE: CBS) from $44 to $48 following news it is converting its Outdoor Americas division into a real estate investment trust (REIT) and plans to divest its outdoor operations in Europe and Asia

"We... More

Is It a Billboard or a REIT? CBS Says Both (CBS.A) (CBS)

January 16, 2013 4:43 PM EST

CBS Corporation (NYSE: CBS.A) (NYSE: CBS) today announced a pair of strategic initiatives regarding its CBS Outdoor operating segment, which includes a large collection of billboards and transit & street advertising. The... More