CBS Corp. (CBS) Tops Q1 EPS by 15c

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CBS (CBS) PT Trimmed to $68 at RBC Capital; 'Shot the Lights Out' in Q1

May 4, 2018 8:33 AM EDT

RBC Capital lowered its price target on CBS (NYSE: CBS) to $68.00 (from $71.00) while maintaining an Outperform rating following strong Q1.

Analyst Steven Cahall commented, "CBS shot the lights out in 1Q18 with confidence elevated for both 2018 and long- term targets. More... More