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Fly News Breaks for April 28, 2015
VIAB
Apr 28, 2015 | 07:13 EDT
CLSA initiated Viacom with a Buy rating and $85 price target. The firm believes Viacom estimates have bottomed, leaving room for upside, and TV rating should begin to stabilize. Given the negative sentiment in shares and low expectations, CLSA expects any good news to boost the share price.
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