trending Market Intelligence /marketintelligence/en/news-insights/trending/2begd_-xp2vzog2klap0tw2 content esgSubNav
In This List

Analyst upgrades Viacom, sees 50% probability of merger with CBS

Podcast

MediaTalk Episode 27

Blog

Insight Weekly: Bank boards lag on gender parity; future of office in doubt; US LNG exports leap

Podcast

MediaTalk | Episode 26: Video game industry growth softens amid post-pandemic hurdles

Blog

Insight Weekly: Job growth faces hurdles; shale firms sit on cash pile; Africa's lithium future


Analyst upgrades Viacom, sees 50% probability of merger with CBS

Citi analyst Jason Bazinet lifted Viacom Inc.'s rating to "neutral" from "sell," TheFly.com reported March 28.

The analyst, who thinks there is a 50% probability of a merger between Viacom and CBS Corp., also lifted the price target on the company's shares to $30 from $26.

CBS Corp. and Viacom's respective boards reportedly plan to meet this week to discuss the valuations of both companies.