cbs corporation

This report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today. 52-Week High:

• CBS Corporation (NYSE: CBS) high of $27.72.
  
  CBS stock is up 9.8 percent to the new 52-week high today, following solid first-quarter earnings results from the national broadcaster.
  
  CBS reported first-quarter EPS of $0.29 on revs of $3.51 billion, beating consensus views calling for EPS of $0.19 and revs of $3.46 billion.
  
  CBS also doubled its payout to investors, now at $0.10 per quarter.

This report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today. 52-Week High:

• CBS Corporation (NYSE: CBS) high of $24.11.
  
  A recent ruling has the NFL no longer being able to use $4 billion in rights fees should it lockout its players, and may be obligated to pay some back to broadcasters.
• Tengasco Inc.
  
  (NYSE: TGC) high of $1.09.

UPGRADES: Oppenheimer upgraded General Electric (NYSE: GE) today from Perform to Outperform and raised their price target from $17 to $18.

Sandford C. Bernstein also upgraded General Electric from Market Perform to Outperform and raised their price target from $18 to $19.

Investors are reacting positively to the two upgrades of General Electric (NYSE: GE) today. Piper Jaffray upgrades CBS Corporation (NYSE: CBS) from Underweight to Neutral.

Price target increased from $12 to $13.

StreetInsider.com Notable Analyst Rating Changes: UPGRADES: eBay (Nasdaq: EBAY) upgraded at UBS and Piper Jaffray.

Bernstein lifted its investment rating on Yahoo! (Nasdaq: YHOO) shares from Market Perform to Outperform. Wells Fargo upgrades CBS Corporation (NYSE: CBS) from Market Perform to Outperform.