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Fly News Breaks for November 24, 2015
DISH, VIA, VIAB
Nov 24, 2015 | 07:07 EDT
Jefferies analyst John Janedis calls Viacom (VIAB) an attractive value play within media. He continues to believe a carriage agreement with DISH (DISH) is likely to be reached in Q2. This, coupled with continued ratings improvement, should drive the stock higher through FY16, Janedis tells investors in a research note. He reiterates an Overweight rating on Viacom with a $60 price target.
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