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Fly News Breaks for November 14, 2016
CBS, VIA, VIAB
Nov 14, 2016 | 06:06 EDT
Brean Capital analyst Alan Gould downgraded Viacom (VIAB) to Hold with a fair value estimate for shares of $40. The analyst questions the "true synergies" between Viacom and CBS (CBS) and believes combining the two companies does not maximize value. Viacom closed Friday up 41c to $38.42.
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