ESPN Renames Studio After Berman, Jackson Hendrick, Childress Highlight NASCAR HOF Induction Packer Late To Atlanta After Flight Complications NASCAR To Announce Format Changes To Cup Series DirecTV Now Adds 200,000 Subscribers In December UT Selects Turnkey To Find Next AD Colts Fire GM Ryan Grigson, Keep Chuck Pagano Michael Goldberg Passes Away At 73 Fitz And The Tantrums Perform At PGA Event Gregg Popovich Blasts President Trump
Shares in SportsLine USA "jumped" 26% on Thursday, closing at $17.125, following a "favorable recommendation from a Wall Street analyst," according to Thomas Granahan of the DOW JONES NEWS SERVICE. BancAmerica Robertson Stephens & Co. analyst Keith Benjamin said that he "expects SportsLine to be the best performing stock in the Internet group in the first quarter of this year" and that CBS' promotion of SportsLine during its Winter Olympics coverage "will significantly boost the company's audience size." CBS will give SportsLine $11M worth of on-air promotion in '98. Benjamin: "We believe this value may actually be received just during the first quarter, combining the Winter Olympics and NCAA basketball." Benjamin rated the stock a "buy" with a target price of $35 (DOW JONES, 1/9). On "NBR," Paul Kangas noted SportsLine USA as a "Big Mover" (PBS, 1/8).