Investment analysts at Sanford C. Bernstein increased their target price on shares of The Walt Disney Company (NYSE:DIS) from $85.00 to $95.00 in a note issued to investors on Wednesday, Analyst Ratings News reports. The firm currently has an “outperform” rating on the stock. Sanford C. The Walt Disney Company (NYSE:DIS) stock opened at $82.22 in last session, and closed at $82.68, while the day range of stock is $82.02 – $83.21. The stock showed a positive weekly performance of 3.25%.
Time Warner Cable Inc (NYSE:TWX) is again looking for the best moms in the region, who will be honored with a slew of prizes and a special luncheon on Mother’s Day. This year’s top prizes even include a iPads. Time Warner Inc (NYSE:TWX) stock opened at $67.21, in last session and closed at $68.48, by gaining 2.24%. The 52 week range of the stock is $54.34 -$70.77. Company’s market capitalization is $61.29 billion.
CBS Corporation (NYSE:CBS) continues with its fabulous run and ended 2013 on a high note. The company’s fourth quarter top and bottom lines handily surpassed the Zacks Consensus Estimate while rising nearly 6% and 22% year over year. We believe that CBS remains well positioned to drive growth through its strategic initiatives and focus on increasing subscription-based revenue channels, which will make the company less dependent on the traditional advertising market that remains susceptible to macroeconomic factors. CBS Corporation (NYSE:CBS) stock decreased -0.06% and finished the last session at $67.38. The EPS of the stock remained 3.00. Company’s market capitalization is $39.98 billion.
Viacom Inc. (NASDAQ:VIAB) announced that it has agreed to sell $400 million in aggregate principal amount of 2.200% senior notes due 2019 at a price equal to 99.947% of the principal amount thereof (the “2019 Senior Notes”), $550 million in aggregate principal amount of 3.875% senior notes due 2024 at a price equal to 99.192% of the principal amount thereof (the “2024 Senior Notes”) and $550 million in aggregate principal amount of 5.250% senior debentures due 2044 at a price equal to 99.831% of the principal amount thereof (the “Senior Debentures” and, together with the 2019 Senior Notes and the 2024 Senior Notes, the “Senior Notes and Debentures”). Viacom, Inc. (NASDAQ:VIAB) stock opened the session at $87.39, and closed the session at $87.13. The 52 week range of the stock remained $59.33 – $88.47 and the day range was $86.30 – $87.51.