UBS Upgrades Viacom To Buy

UBS upgraded

from Neutral to Buy. The price target for Viacom has been raised from $73 to $81. Viacom shares have dropped 16.44 percent over the past 52 weeks, while the S&P 500 index has surged 12.28 percent in the same period. Viacom shares closed at $69.95 in pre-market trading.