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Fly News Breaks for December 7, 2016
CBS
Dec 7, 2016 | 07:29 EDT
JPMorgan analyst Alexia Quadrani reiterates CBS as her top media pick despite the stock being up 30% year-to-date. The analyst likes the company's "streamlined set of assets" and management's execution across the operating segments. Quadrani views the stock's valuation as attractive and reiterates an Overweight rating on CBS with a $69 price target.
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