CBS

CBS Corporation (NYSE: CBS) is getting a price target boost from Morgan Stanley. The new PT, $24, assumes a 14x multiple on the company's 2012 base case EPS estimate. “At a 12% fully taxed ‘11 FCF yield and with leverage and debt maturities in a favorable position, share repurchases would be...

Following the second week of the 2010-11 TV season, Deusche Bank has published its Entertainment Spotlight report including CBS Corporation (NYSE: CBS) and the Walt Disney Company (NYSE: DIS). In the report, Deutsche Bank writes "final ratings (which come out tomorrow) can have modest shifts from...

Caris & Company reiterates its Above Average rating for CBS Corporation (NYSE: CBS) and has raised the price target from $17 to $18.50.

Deutsche Bank has published a research report for its Entertainment Spotlight segment, focusing on CBS Corporation (NYSE: CBS) and the Walt Disney Company (NYSE: DIS). The report included results from week 1 of the "ratings race" from which it concluded that "overall, CBS appears stable, impressive...

Piper Jaffray paid a visit to China to view the filmed entertainment market and walked away with these comments: "The broader filmed entertainment market in China is booming. Incentives to encourage local film production, foreign co-production, film distribution, and exhibition are all underway and...

Deutsche Bank believes the entertainment sector is inexpensive at 6.3x EV/2011E EBITDA, well below the 9x average during the mid-90's, according to Deutsche Bank. Deutsche Bank reports that "threats are overstated as (1) many networks added significantly to their upfronts last August/September, and...