Viacom’s Fiscal Q4: ‘Thematically Consistent With Expectations’


Viacom reported earnings for fiscal Q4 2018 Pivotal Research Group analyst Brian Wieser calls “relatively positive, if thematically consistent with our view on the company.”

In his view, “favorable updates were provided on a wide range of growth initiatives which are intended to offset declines or long-term challenges in traditional businesses.”

This result in an adjustment by Wieser of Pivotal’s price target for Viacom’s Class B shares.

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