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Fly News Breaks for April 8, 2016
CBS
Apr 8, 2016 | 08:14 EDT
As noted earlier, RBC Capital initiated CBS with a $68 price target and Outperform rating. The firm says that the company's "top notch content," along with its "massive" share buyback, should enable its EPS to increase by an average of 14% in 2016 and 2017. The firm adds that the company's earnings visibility is improving, while it faces no bundle risk because it's in every skinny MVPD package.
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