Ascent Media (ASCMA) Misses Q3 EPS by 72c

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Piper Jaffray Cuts Price Target to $26 on Ascent Media (ASCMA) Following 3Q

November 10, 2015 9:58 AM EST

Piper Jaffray maintained an Overweight rating on Ascent Media (NASDAQ: ASCMA), and cut the price target to $26.00 (from $45.00), following the company's 3Q earnings report. Ascent Capital reported revenue of $141.8M, which was modestly below the Street estimate of $143.2M. ASCMA also reported unit... More