CBS: Still A JPMorgan Top Pick For 2017

CBS ( CBS ) is up 34.5% in 2016, but JPMorgan thinks the stock can keep going strong next year. Analyst Alexia Quadrani reiterated an Overweight rating and $69 price target on the stock Wednesday, writing that CBS’s streamlined assets and savvy management means that it should easily pass $4 in EPS this year, a target that many questioned at the start of 2016.