U.S. investor group urges halt to dual-class structures in IPOs
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UBS Cuts Price Target as Viacom (VIAB) Sees Disappointing Theater Results
March 23, 2016 10:08 AM EDTUBS maintained a Buy rating on Viacom (NASDAQ: VIAB), and cut the price target to $55.00 (from $57.00), as theatrical results come in below expectations. UBS estimates a $115m profit shortfall between the company's 3 key films.
Analyst Doug Mitchelson commented, "Viacom's film slate has come in well... More
