Viacom (VIAB) Stepping up Investment in Films, Needham & Company Notes
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Viacom (VIAB) PT Raised to $65 at Credit Suisse; Shares Still 'Too Cheap'
November 13, 2015 7:29 AM ESTCredit Suisse analyst O. Sheikh reiterated an Outperform rating and raised his price target on Viacom (NASDAQ: VIAB) to $65.00 (from $60.00), saying the stock is still too cheap.
Sheikh commented, "We leave our 2016/2017 EPS forecasts broadly unchanged post Q4 2015 earnings at $5.91/$6.90 (previously $5.91/$6.89). With secular headwinds... More
Viacom (VIAB) Misses Q4 EPS by 1c
November 12, 2015 6:55 AM ESTViacom (NASDAQ: VIAB) reported Q4 EPS of $1.54, $0.01 worse than the analyst estimate of $1.55. Revenue for the quarter came in at $3.79 billion versus the consensus estimate of $3.88 billion.
Philippe Dauman, President and Chief Executive Officer of Viacom, said, Viacom's fourth quarter and year-end... More
