Business/Finance
By
| August 4, 2008
Cablevision‘s impressive 2Q results and pres/CEO Jim Dolan‘s desire to increase shareholder value continued the MSO’s Wall St party Fri, as CVC shares closed the day with a 4.5% gain and a 19% jump over the last 2. Contributing Fri were a pair of upgrades— Citi raised its rating on the stock to ‘buy’ from ‘sell,’ raising the target price to $29 from $23, and Pali removed its ‘neutral’ tag in favor of ‘buy.’