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Citi Adds Cablevision (CVC) to 'Top Picks Live' List

December 19, 2011 9:23 AM EST
Get Alerts CVC Hot Sheet
Price: $34.87 --0%

Rating Summary:
    7 Buy, 18 Hold, 3 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 4 | Down: 7 | New: 31
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Following a nearly 8.5 percent decline on Friday amid news late Thursday the company's COO Tom Rutledge announced his resignation, Citi's Jason Bazinet added shares of Cablevision (NYSE: CVC) to the firm's "Top Picks Live" list Monday morning.

The analyst believes the market's reaction on Friday was a "touch extreme." Bazinet maintains a Buy rating and $21 price target.

The stock is indicated about 5.5 percent higher ahead of the bell. Shares last traded at $13.45.

Visit our Analyst Ratings page to track all the market-moving analyst action on shares of Cablevision.


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