Despite the troubles Charlie Sheen, Wall Street raves on CBS

Charlie Sheenanti-CBS rants aside, the network must be doing something right because Wall Street analysts keep raving about the company.

The latest example comes from David Joyce at Miller Tabak, which increased its price a year on CBS Corp. stock to $ 28 and value of the sum of the parts of CBS is almost $ 34 a share.

In a broad sell-off Tuesday that knocked out the Dow 168 points, shares of CBS is closed from 3% to $ 23.7.

During the action on Wall Street, Leslie moonves, Executive Director, CBS was telling analysts during a Conference of investors that annulment — for now, at least — new episodes of expensive shows hit Sheen, two and a half men will, in fact, be good for the bottom line of the company.

Joyce, however, is more interested in estimated 84 million dollars a year that could come from the company's recent agreement to deliver streaming content to Netflix.
If Apple, Google or others become significant competitors to Netflix, could mean more 212 million dollars in annual revenues paid to CBS digital rights streaming to its content, Joyce wrote in a report Tuesday.

Joyce is also bullish on CBS Sports College due to the publicity around the NCAA basketball tournament, and his note to clients in the publishing industry, potential mentions of local broadcasting increased, online and outdoor advertising initiatives.

Last week, Benjamin Swinburne Morgan Stanley added that CBS for its "best ideas list," while Alan Gould of Evercore Partners and John janedis UBS raised its goals each.