Viacom Downgraded To Hold From Buy At Brean Capital

The Brean Capital analyst questions the "true synergies" between Viacom and CBS and believes combining the two companies does not maximize value. Viacom closed Friday up 41c to $38.42

Brean Capital analyst Alan Gould downgraded Viacom (VIAB) to Hold with a fair value estimate for shares of $40. The analyst questions the "true synergies" between Viacom and CBS (CBS) and believes combining the two companies does not maximize value. Viacom closed Friday up 41c to $38.42
 

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