Wells Fargo Upgrades Viacom (VIAB) to Outperform Following Results; Turnaround Has Begun

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Viacom (VIAB) PT Raised to $45 at Instinet; Reiterates Neutral

February 10, 2017 7:13 AM EST

Instinet 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

Viacom (VIAB) Tops Q1 EPS by 20c

February 9, 2017 7:01 AM EST

Viacom (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