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Market Report -- Short Stories (CSTR)November 25, 2009 9:41 AM ET
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Wedbush Morgan initiates CSTR with a Outperform and price target of $35. The firm notes that notwithstanding the likelihood of losing its lawsuit against NBCUniversal, the firm expects CSTR's Redbox kiosks to provide solid growth over the foreseeable future. The firm believes that higher potential cost of sales can be offset by higher pricing for movie rental, and the firm believes that CSTR has the opportunity to provide significant revenue and earnings growth from its Redbox business. Briefing.com is the leading Internet provider of live market analysis for U.S. Stock, U.S. Bond, and world FX market participants. Read other Short Story articles
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