TINO IQ has initiated coverage for $VIAC with an initial price target of $47.96

Update 8/8/20: VIAC has been steadily moving up since our last prediction when it was at $15. Stock has jumped 60% in last 3 months to $26 — We believe that long term shareholders would be rewarded with holding this stock rather than trading this stock. Our initial price target of $47.96 remains same, though with additional content distribution deals we see an increased pressure to “own” viacom shares.

VIAC stock moving strongly into streaming

It’s not a matter of who…