- Morgan Stanley has resumed coverage on CBS (CBS -1.1%) with an Overweight rating.
- The firm's joining a bullish chorus of a couple dozen analysts at Buy-equivalence, and has set a price target of $68.
- That implies 18% upside; the 52-week high for CBS is $70.09, though it hasn't been over $62.50 since early September. Shares are down 5% over the past 12 months.
CBS gets resumed at Overweight by Morgan Stanley
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