Citigroup bucks the trend and calls for buying Skydance (SKYD.US): target price of $10, betting on $8 billions in synergy effects

Jitou Finance APP has learned that, while Wall Street generally remains cautious toward media giant Skydance Corp (SKYD.US), Citi Research has recently expressed a distinctly different viewpoint in a research report. After a period of rating suspension, the analyst team led by Jason Bazinet has resumed coverage of Skydance, directly assigning a "Buy" rating and setting a target price of $10.