ViacomCBS (VIAC) Tops Q4 EPS by 29c

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ViacomCBS (VIAC) PT Raised to $60 at BMO Capital

February 24, 2021 8:58 AM EST

BMO Capital analyst Daniel Salmon raised the price target on ViacomCBS (NASDAQ: VIAC) to $60.00 (from $27.00) while maintaining a Market Perform rating.

The analyst commented, "We think VIAC has re-rated for three main reasons: 1) delivering on the promise of the merger; 2) a... More