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BofA's Media Downgrade Spree: ViacomCBS, Discovery, iHeartMedia
Friday, December 18, 2020 - 11:10am | 444The media sector is an "industry in transition" and several legacy media giants aren't ideally positioned moving forward, according to BofA Securities. The Analyst: Jessica Reif Ehrlich downgraded the following media names: ViacomCBS Inc (NASDAQ: VIAC) from Neutral to Underperform,...