Viacom risk/reward remains good, says Susquehanna Susquehanna said that if Viacom ratings improve as they expect its price/earnings multiple should expand. The firm said if the ratings do not improve the downside in the shares should be limited to $1.00 in stock price. Susquehanna said comps should get easier until March so the odds of a turnaround are good as is the risk/reward. Shares are Positive rated with a $63 price target.
News For VIAB From The Last 14 Days
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Viacom increases quarterly dividend to 30c from 27.5c Viacom announced that its board has approved an increase in its quarterly dividend to 30c per share of Class A and B common stock from 27.5c per share. The increase will take effect beginning with Viacom's next quarterly dividend, payable on July 1, to stockholders of record at the close of business on June 14.