NEW YORK (TheStreet) -- Viacom had its rating lowered two notches to "sell" from "buy" by analysts at Citigroup this morning. The firm also cut its price target to $62 from its prior $88 on shares of the entertainment company, assuming a 50% probability that DISH Network drops Viacom's channels. Citi analysts added that it sees a 30% share downside risk if that occurs. However, Citigroup also noted that two potential M&A deals may offset the downside risk, including Viacom acquiring CBS , or another media company acquiring Viacom. Citi assumes a 10% probability of Viacom getting bought out. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Shares of Viacom closed at $72.63 in yesterday's trading session. New York City-based Viacom is an entertainment content company that connects with audiences in over 160 countries and territories and creates television programs, motion pictures, short-form video, applications, games, consumer products, social media, and other entertainment content. VIAB data by YCharts STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
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