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Needham: CBS Is Building The Next Netflix
Wednesday, September 13, 2017 - 12:23pm | 495CBS Corporation (NYSE: CBS) could be sitting on the next Netflix, Inc. (NASDAQ: NFLX) and it hatches in 2020. That’s the take from Needham analyst Laura Martin, who said in a Wednesday note that the firm projects that CBS’s All Access streaming service and Showtime’s over-the-top...
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#PreMarket Primer: Friday, October 17: CDC Under Fire As Ebola Panic Grows
Friday, October 17, 2014 - 7:46am | 1269After a second case of Ebola among nurses working with a Liberian man surfaced, Americans began to worry about the disease spreading across the country. The second nurse, Amber Joy Vinson, took a flight to and from Cleveland while exhibiting symptoms of the disease, something that could have...
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Market Wrap For December 27: Markets Quiet Before Weekend
Friday, December 27, 2013 - 5:23pm | 1347As expected, markets were relatively quiet Friday with no economic data aside from natural gas inventory numbers. Many traders and investors are likely sitting on the sidelines until the new year. Major indices started the day with small gains which were slowly erased throughout the day before...
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ESPN Wants to Subsidize Smartphone Data Plans
Friday, May 10, 2013 - 12:13pm | 564Is this awesome or what? ESPN, aka, “The Worldwide Leader in Sports” wants to help pay for smartphone users’ monthly data plans. The plan isn’t really a plan and no actual number crunching has taken place yet, but sentiment counts for something, right? The point, according to The Wall Street...
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Morgan Stanley Raises PT On CBS Corporation To $33
Tuesday, July 5, 2011 - 7:13am | 27Morgan Stanley has raised the price target on CBS Corporation (NYSE: CBS) from $31 to $33 and maintains its Overweight rating.
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Stifel Nicolaus Initiates CBS At Hold
Thursday, June 30, 2011 - 8:23am | 22Stifel Nicolaus has initiated coverage on CBS Corporation (NYSE: CBS) with a Hold rating.
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Deutsche Bank Raises PT On CBS To $35
Thursday, June 30, 2011 - 7:19am | 27Deutsche Bank has raised the price target on CBS Corporation (NYSE: CBS) from $32 to $35 and maintains its Buy rating.
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UPDATE: Deutsche Bank Reaffirms Buy Rating and Increases PT on CBS to $32
Wednesday, May 4, 2011 - 9:04am | 101According to Deutsche Bank, the expectations are too low for the potential for the CBS Network (NYSE: CBS) so Deutsche Bank reaffirmed the BVuy rating and increased the price target from $28.00 to $32.00. In the report, Deutsche Bank said, "We believe expectations are too low relative to the...
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J.P. Morgan Maintains Overweight Rating And Increases PT on CBS
Wednesday, May 4, 2011 - 8:56am | 107In a recent report, J.P. Morgan has maintained an overweight rating on CBS (NYSE: CBS) and increased the price target from $26.00 to $29.00. In the report, J.P. Morgan said, "We're maintaining our Overweight rating on CBS. In Q1,11, revenues slipped 1% while EBITDA jumped 64%. We had been modeling...
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JP Morgan Raises PT On CBS To $29
Wednesday, May 4, 2011 - 7:02am | 27JP Morgan has raised the price target on CBS Corporation (NYSE: CBS) from $26 to $29 and maintains its Overweight rating.
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Deutsche Bank Raises PT On CBS To $32
Wednesday, May 4, 2011 - 6:58am | 27Deutsche Bank has raised the price target on CBS Corporation (NYSE: CBS) from $28 to $32 and maintains its Buy rating.
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Citigroup Raises PT On CBS To $26
Monday, May 2, 2011 - 5:52am | 26Citigroup has raised the price target on CBS Corporation (NYSE: CBS) from $24 to $26 and maintains its Hold rating.
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Morgan Stanley Reports CBS Monetizing TV Library Through Netflix Agreement
Friday, April 15, 2011 - 7:14am | 152According to Morgan Stanley, CBS (NYSE: CBS) likely garnered a higher per episode fee from TNT for Hawaii Five-O re-runs in exchange for agreeing not to make the show available to an online on-demand distributor such as Netflix. Morgan Stanley reported that CBS has already begun monetizing its TV...
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Deutsche Bank Reiterates Buy Rating On CBS
Thursday, February 24, 2011 - 9:12am | 177On the cusp of CBS Corporation's (NYSE: CBS) first analyst day since splitting from Viacom in 2006, Deutsche Bank is reiterating its Buy rating on the stock. “Overall, we believe the day will be a modest positive as investors gain visibility on current operating momentum and future growth potential...
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CBS Corporation Upgraded To Buy By Deutsche Bank, PT To $23
Monday, January 31, 2011 - 9:43am | 230Deutsche Bank has published a research report on CBS Corporation (NYSE: CBS) and has upgraded the company from Hold to Buy based on the company's successful exposure to advertising and higher financial leverage over the last couple of years. In the report, Deutsche Bank writes "CBS's shares have...