Bernstein analyst Peter Supino in a Wednesday report upgraded his rating on Comcast’s stock to "outperform" and raised his price target by $4 to $52, the highest target of any analyst for the company. "Our view is that Comcast's stock is demonstrably under-valued and that the pendulum of investor confidence now under-appreciates Comcast's strategic intelligence and commitment to long-term value creation," Supino wrote. "Cable is a strong foundation for this investment thesis." The analyst also highlighted though that investors don't give Comcast full credit for the value of NBCUniversal and Sky. "A bullish view of cable's and [theme] parks' contributions to equity value assigns a value of zero to NBCU ex-parks and Sky," he argued, adding.
Read more on hollywoodreporter.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.