BTIG Downgrades Viacom and Discovery Communications

by Eric Niederer, Benzinga Staff Writer
June 25, 2014 10:41 AM | 22 seconds read | Make a Comment
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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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