Viacom Reports First Quarter Results and Provides Strategic Update
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/8/2026
- Fiserv president resigns, interim leaders named for financial unit
- Nasdaq sinks as AI worries hit chipmakers
- Amazon launches bond sale seeking at least $25 billion
- Raymond James Starts SpaceX (SPCX) at Strong Buy, PT Street High $800
- Exclusive-China's DeepSeek developing its own AI chip, sources say
Viacom (VIAB) PT Raised to $45 at Instinet; Reiterates Neutral
February 10, 2017 7:13 AM ESTInstinet raised its price target on Viacom (NASDAQ: VIAB) to $45.00 (from $40.00) while maintaining a Neutral rating.
Analyst Anthony DiClemente commented, "This morning, Viacoms President and CEO, Bob Bakish, clearly delivered a five-point strategy to energize and improve Viacoms brand and... More
Wells Fargo Upgrades Viacom (VIAB) to Outperform Following Results; Turnaround Has Begun
February 9, 2017 8:30 AM ESTWells Fargo upgraded Viacom (NASDAQ: VIAB) from Market Perform to Outperform and raised its valuation range to $48-50 from $38-40 following results this morning which they said prove the turnaround has begun.
Analyst Marci Ryvicker commented, "We dont do this often upgrade on a first look at numbers. But, todays results prove to us that the turnaround is real... More
Viacom (VIAB) Tops Q1 EPS by 20c
February 9, 2017 7:01 AM ESTViacom (NASDAQ: VIAB) reported Q1 EPS of $1.04, $0.20 better than the analyst estimate of $0.84. Revenue for the quarter came in at $3.32 billion versus the consensus estimate of $3.18 billion.
Bob Bakish, President and Chief Executive Officer, said, "Today we share a strategy that will enable Viacom to realize the full potential of its... More
