News that Elliott Investment Management has acquired an 8% stake in Nielsen with plans to push the company to sell itself in its entirety has resulted in a healthy rebound of the company’s stock. On Wednesday, shares closed up another 10 cents to $26.15.
This is close to the year-end price target on Nielsen from Brian Wieser, the prolific Senior Research Analyst of Advertising at Pivotal Research Group.
As such, he’s just downgraded Nielsen shares.
