Comcast: price target raised to $47 from $44; implied cable communication valuation remains attractive; did not overpay for full ownership- Telsey Advisory Group (40.29 +0.16)
14-Feb-13 09:05 ET
Comcast upgraded to Outperform at RBC Capital Mkts; tgt raised to $46 (40.13 )
RBC Capital Mkts upgrades CMCSA to Outperform from Sector Perform and raises their tgt to $46 from $39 based on 1) solid cable operating trends vs. mixed developments at peers; 2) our favorable view of the accelerated acquisition of NBCU, which contributes to faster revenue and OCF growth characteristics for CMCSA vs. peers and should drive EPS accretion; 3) continued strong prospects for favorable shareholder remuneration.
14-Feb-13 08:48 ET
Comcast target raised to $45 at Stifel Nicolaus (40.13 )
Stifel Nicolaus raises their CMCSA tgt to $45 from $42. While they believe that the NBCU announcement was, indeed, the most notable piece of news issued by CMCSA on Tuesday evening, they believe that it did overshadow what was a solid quarter of operational results for the company.
CMCSA Comcast price target raised to $48 from $45 at Brean Capital
Brean Capital raised its price target on Comcast following its acquisition of NBC Universal. The firm sees the move as a positive for shareholders citing accretion to earnings, potential for operating leverage, and certain strategic advantages in the shift to a TV Everywhere model. Shares are Buy rated.
06:21 EDT CMCSA Comcast upgraded to Outperform from Sector Perform at RBC Capital
RBC Capital upgraded Comcast based on the accelerated acquisition of NBCU and solid cable operating trends. Price target raised to $46 from $39