UBS Downgrades Scripps Networks (SNI) To Neutral
UBS downgraded Scripps Networks (NYSE: SNI) from “buy” to “neutral.” The target price for SNI has been reduced from $52 to $41.
UBS believes that the valuation of SNI is unattractive and the company will incur higher near-term costs.
SNI fell 1.99% to $38.47 in pre-market trading.







