CLSA Initiates Scripps Networks At Underperform

Analysts at CLSA initiated coverage on Scripps Networks Interactive, Inc. SNI with a Underperform rating. The target price for Scripps Networks is set to $76. Scripps Networks shares have dropped 7.09 percent over the past 52 weeks, while the S&P 500 index has gained 12.28 percent in the same period. Scripps Networks shares closed at $69.09 yesterday.