UPDATE: Nomura Initiates Coverage on Viacom
January 15, 2014 at 09:39 AM EST
In a report published Wednesday, Nomura analyst Anthony DiClemente initiated coverage on Viacom (NASDAQ: VIAB ) with a Neutral rating, establishing a $90.00 price target. According to the report, the analysts believe that consistent global affiliate fee trends and robust shareholder buybacks are ongoing, well-understood positives for VIAB. “We are
