CBS and Viacom to Combine

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Deutsche Bank Upgrades Viacom (VIAB) to Buy (earlier)

August 14, 2019 3:06 PM EDT

Deutsche Bank analyst Bryan Kraft upgraded Viacom (NASDAQ: VIAB) from Hold to Buy with a price target of $42.00 (from $33.00).

For an analyst ratings summary and ratings history on Viacom click here. For more ratings news on Viacom click here.

Shares of Viacom closed at $29.21 yesterday.

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BofA/Merrill Lynch Upgrades CBS (CBS) to Buy

August 14, 2019 6:47 AM EDT

BofA/Merrill Lynch analyst Jessica Reif Ehrlich upgraded CBS (NYSE: CBS) from Neutral to Buy with a price target of $63.00 (from $58.00).

For an analyst ratings summary and ratings history on CBS click here. For more ratings news on CBS click here.

Shares of CBS closed at $47.60 yesterday.

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Guggenheim Upgrades Viacom (VIAB) to Buy

August 14, 2019 6:04 AM EDT

Guggenheim analyst Michael Morris upgraded Viacom (NASDAQ: VIAB) from Neutral to Buy with a price target of $35.00 (from $31.00).

The analyst comments "CBS and Viacom made an official announcement this afternoon (link) that the two companies have entered into an agreement to... More