Argus Upgrades Comcast Corp (CMCSA) to Buy; Cord-Cutter Fears Overblown

Argus upgraded Comcast Corp (NASDAQ: CMCSA) from Hold to Buy with a price target of $72.00.

The analyst said concerns about cord-cutter/cordnever are overblown. Comcast added new video subscribers at a strong rate in 4Q15, with the highest number of net additions in nine years.

For an analyst ratings summary and ratings history on Comcast Corp click here. For more ratings news on Comcast Corp click here.

Shares of Comcast Corp closed at $58.21 yesterday.

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