Loop Capital analyst Alan Gould lowered his price target on CBS (CBS) to $60 but kept his Buy rating after the company board voted to declare a dividend even as the Delaware Court denied the company's request for a temporary restraining order against National Amusements, Inc. The analyst states that despite NAI's comment that it has no intention of forcing a deal, there is now a 60% chance of a CBS-Viacom (VIAB) merger as Les Moonves departs and Bob Bakish takes over running the combined company. In his estimated 30% scenario that there is no merger and Moonves stays as CBS CEO, the analyst assigns CBS a $79 price target. In the remaining 10% possibility of no merger but Moonves is forced out by Shari Redstone, Gould says the stock can trade around $53 per share.