An RBC analyst initiated coverage on numerous Media & Entertainment stocks Thursday afternoon.
Below is the complete list (sniped from the Benzinga Pro platform):
Of the above Outperform rated stocks, the RBC analyst suggested the loftiest price target on quite an unsuspecting company, considering it's peers.
- Hemisphere Media Group Inc HMTV - current price level suggests 32 percent upside to price target.
- CBS Corporation CBS - price target represents potential upside of 27 percent.
- Time Warner Inc TWX - target suggests 26 percent price appreciation.
- Discovery Communications Inc. DISCA - potential upside of 25 percent.
- Twenty-First Century Fox Inc FOXA - potential upside of 22 percent.
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