Market Overview

Why ViacomCBS's Stock Is Trading Lower Today

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ViacomCBS (NASDAQ: VIAC) shares are trading lower on Tuesday, after Morgan Stanley analysts cut the price target from $42 to $19 per share.

ViacomCBS is the combination of CBS and Viacom that has created a media conglomerate. Television assets include the CBS television network, 28 local TV stations, and 50% of CW. The company also owns Showtime and Simon & Schuster.

Viacom owns several leading cable network properties, including Nickelodeon, MTV, BET, Comedy Central, VH1, CMT and Paramount.

ViacomCBS shares trading down 5.19% at $15.26 on Tuesday. The stock has a 52-week range between $53.71and $10.10.

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Latest Ratings for VIAC

DateFirmActionFromTo
Jan 2021BarclaysDowngradesOverweightUnderweight
Dec 2020B of A SecuritiesDowngradesNeutralUnderperform
Dec 2020KeyBancInitiates Coverage OnUnderweight

View More Analyst Ratings for VIAC
View the Latest Analyst Ratings

 

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Posted-In: why it's movingNews Price Target Analyst Ratings

Latest Ratings

StockFirmActionPT
WWEEvercore ISI GroupUpgrades
INTB of A SecuritiesUpgrades40.0
BLDPBMO CapitalInitiates Coverage On39.0
SSYSStifelInitiates Coverage On40.0
CMGGoldman SachsInitiates Coverage On1,650.0
View the Latest Analytics Ratings
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