Ascent Media Corporation (ASCMA) Posts Wider Q2 Loss
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Imperial Capital Cuts Price Target on Ascent Media (ASCMA) Following 2Q15
August 12, 2015 8:43 AM EDTImperial Capital maintained an Outperform rating on Ascent Media (NASDAQ: ASCMA), and cut the price target to $45.00 (from $55.00), following its 2Q15 earnings report. ASCMA reported revenue of $142mn, consistent with Street estimates of $139mn. Adjusted EBITDA was reported at $88mn.
Analyst Jeff Kessler... More
