CBS Corp. (CBS) Tops Q4 EPS by 1c, Revs Miss

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Needham & Company Reiterates Buy Rating and $72 PT on CBS Corp. (CBS) Following 4Q16 Report

February 16, 2017 6:50 AM EST

Needham & Company analyst Laura Martin reiterates Buy rating and $72 price target on CBS Corporation (NYSE: CBS), suggesting potential revenue upside with cost controls, as the company reported 2016 fourth quarter revenues and adjusted EPS above estimates.

Martin notes, "For 4Q16, excluding CBS Radio,... More