CBS Corp. (CBS) Tops Q3 EPS by 3c

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CBS (CBS) PT Lowered to $66 at RBC Capital Following 3Q

November 3, 2017 7:18 AM EDT

RBC Capital lowered its price target on CBS (NYSE: CBS) to $66.00 (from $77.00) while maintaining a Outperform rating following the company's 3Q earnings report. CBS revenue of $3.17bn came in 3% light vs. consensus $3.26bn, with Adj. OI of $707mm 3% behind consensus $729mm. Adj. EPS of $1.11 was... More