Wedbush Securities Reiterates Outperform Rating, $50 PT on CBS Corporation on In-Line Trends
Posted on February 15, 2013 at 09:10 AM EST
In a report published Friday, Wedbush Securities reiterated its Outperform rating and $50.00 price target on CBS Corporation (NYSE: CBS ). Wedbush Securities noted, “Our 2013E EPS goes to $2.95 from $2.89 (Street: $2.92). Higher forecast share repurchases – now $1bn in 1Q13, vs. prior $260m – more than offset