BTIG Downgrades Viacom and Discovery Communications

In blog post published Wednesday, BTIG analyst, Richard Greenfield downgraded shares of Viacom, Inc. VIAB and Discovery Communications, Inc. DISCK and removed his price target on both companies. Greenfield updated his model and provided the following EPS estimates:
  • Viacom EPS: 2014E: $5.46 and 2015E $6.35 (consensus $5.50 and $6.35)
  • Discovery EPS: 2014E $3.57 and 2015E $4.29 (consensus $3.61 and $4.41
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Posted In: Analyst ColorNewsDowngradesPrice TargetAnalyst RatingsBTIG ResearchRichard Greenfield
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