Analysts Split Over Viacom's Future

Analysts appear divided over Viacom's prospects. With its deal with DirecTV still unresolved investors appeared to be taking a wait-and-see attitude toward the company. Shares in the company were down about 2 percent at midday in light trading. At TheStreet.com, analyst Rocco Pendola placed Viacom at the top of his list of "5 Stocks to Buy and Hold for True Value." He noted that all five "have drastically outperformed stocks you so often hear the word 'value' attached to." But today's (Wednesday) Hollywood Reporter noted that UBS analyst John Janedis has downgraded Viacom to "neutral" from "buy" due to falling ratings at Nickelodeon and MTV. He said that he expects the company will be forced to provide advertisers with "make goods," free ad time to make up for its failure to deliver a guaranteed number of viewers. "While the stock is cheap," he said, "we expect it to trade sideways" (i.e. neither up nor down).

10/07/2012


Contactmusic

Tags: MTV - Stock


Advertisement

Editors Recommendations

First Pictures Of Disney’s ‘Into The Woods’ Starring Anna Kendrick and Johnny Depp

Have you ever wondered what happened to Cinderella, Rapunzel and...

First Pictures Of Disney’s ‘Into The Woods’ Starring Anna Kendrick and Johnny Depp

Win Tickets For V Festival 2014 in Chelmsford!

V Festival is getting ever nearer and tickets are quickly selling out, but you can skip that pricey entrance fee by entering our new competition...

Win Tickets For V Festival 2014 in Chelmsford!

Ariana, Zooey, J-Lo, Miley! When Actresses Become Songstresses

Jenny Lewis isn't the only former actress to find musical success.

Ariana, Zooey, J-Lo, Miley! When Actresses Become Songstresses

Critics Say 'Guardians Of The Galaxy' Is Great, But Does Anyone Disagree?

The new Marvel movie Guardians of the Galaxy has been praised to the...

Critics Say 'Guardians Of The Galaxy' Is Great, But Does Anyone Disagree?

What Do We Know About Christopher Nolan's Interstellar?

Christopher Nolan and Matthew McConaughey made a surprise visit to the San Diego Comic-Con last...

What Do We Know About Christopher Nolan's Interstellar?
Advertisement

Jennifer Lawrence Is Hollywood's Darling - How Has She Done It?

A teaser trailer for Jennifer Lawrence’s new film, The Hunger Games...

Jennifer Lawrence Is Hollywood's Darling - How Has She Done It?

NBC News Host Brian Williams Pulls Ultimate Embarrassing Dad Trick Announcing Allison Williams' "Peter Pan" Casting

NBC’s production of Peter Pan has found its lead in Girls star Allison Williams...

NBC News Host Brian Williams Pulls Ultimate Embarrassing Dad Trick Announcing Allison Williams'

The Spongebob Squarepants Movie: Sponge Out Of Water 3D

When a pirate gets his hands on a long lost magic book in which anything he writes comes true, he...

The Spongebob Squarepants Movie: Sponge Out Of Water 3d Trailer


More recommendations

Advertisement

Comments

MTV Newsletter

Subscribe to this news alert service to receive news and reviews on MTV

Unsubscribe | Unsubscribe All