Viacom Sinks, CBS Shines In Latest Analyst Moves


National Amusements Inc. President Shari Redstone and CEO Sumner Redstone may have put their full faith and trust in Bob Bakish, who was appointed permanent CEO of Viacom yesterday afternoon after a morning announcement that “this is not the right time to merge” Viacom with CBS Corp.

Unfortunately, two analysts don’t have their back, giving downgrades to Viacom shares just hours after Bakish — its third interim CEO in less than four months — was given the keys to a luxury automobile in need of significant repairs.

Meanwhile, CBS Corp. is emerging as a darling among other analysts.

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