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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.
... MoreBofA/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.
... MoreMacquarie analyst Tim Nollen downgraded Viacom (NASDAQ: VIAB) from Outperform to Neutral with a price target of $31.00 (from $37.00).
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.
... MoreBy Kenneth Li
NEW YORK (Reuters) - More than two months before CBS Corp and Viacom Inc succeeded at a third attempt to recombine, controlling shareholder Shari Redstone had already decided the new company needed to get bigger.
"We would want to look at something after that to ... develop more scale as we move forward, Redstone said at The Information's Women in Tech, Media and Finance conference in June.
To the audience of executives in the Times Square high rise overlooking the storied Paramount building, it was clear that her ambitions went well beyond the... More
(Reuters) - CBS Corp (NYSE: CBS) and Viacom Inc (NASDAQ: VIAB) agreed to merge on Tuesday, creating a company with more than $28 billion in revenue, as an increasingly competitive media landscape prompted their controlling shareholder to reunify the U.S.... More
CBS Corp. (NYSE: CBS) and Viacom (NASDAQ: VIAB), two of the worlds leading entertainment companies, today announced they have entered into a definitive agreement to combine in an all-stock merger, creating a combined company with more than $28 billion in revenue.
The combined company, ViacomCBS Inc., will be a leading global, multiplatform, premium content company, with the assets, capabilities and scale to be one of the most important content producers and providers in the world. The combined company will be a scale player globally, with leadership... More
CBS Corp. (NYSE: CBS), Viacom (NASDAQ: VIAB) reach merger deal - WSJ
... MoreCBS Corp. (NYSE: CBS) and Viacom (NASDAQ: VIAB) are said to call the new company ViacomCBS - Bloomberg
