Viacom Declares Quarterly Cash Dividend
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Viacom (VIAB) PT Lowered to $43 at Jefferies After Adjusting Estimates
August 4, 2017 8:58 AM EDTJefferies lowered its price target on Viacom (NASDAQ: VIAB) to $43.00 (from $52.00) while maintaining a Buy rating. Despite improved ratings, advertising declined 2% in F3Q due to a 300bps headwind from reduced ad loads.
On the whole, analyst John Janedis views the... More
