Viacom, Inc. (NASDAQ: VIAB) upgraded to Overweight with price target $56 by Barclays
Barclays upgraded Viacom, Inc. (NASDAQ: VIAB) to Overweight with price target $56. Previously Barclays rated Underweight with price target $84 Viacom, Inc. (NASDAQ:
VIAB) on 07/09/2014, when the stock price was $86.51. Since then, Viacom, Inc.'s stock price has lost 47% as of 08/07/2015's recent price of $45.57. If you would have followed the previous Barclays's recommendation on VIAB, you would have gained 47% of your investment in 394 days.
(Viacom) is a global entertainment content company. The Company engages audiences on television, motion picture, Internet, mobile and video game platforms, through entertainment brands. The Company operates through two segments: Media Networks and Filmed Entertainment. In September 2008, MTV Networks (MTVN) acquired Social Project, Inc., its partner in building the Flux social media platform.