View photo.In a report issued Friday, Macquarie analysts Tim Nollen and Ankesh Agarwala reiterate an Outperform rating and $55.00 price target on shares of CBS Corporation (NYSE: CBS) In a context where investors do not feel especially confident on the future of cable networks, the analysts believe “CBS is different from its peer group.” Shares of CBS are very slightly down on Friday trading. According to the research note, what differentiates CBS is its nature as a “predominantly broadcast network business not historically reliant on affiliate fees, and with a direct-to-consumer OTT offering in Showtime,” which the firm believes can offset traditional bundle weakness. The analysts also note that, since advertising is more important to CBS than to... More