Brean Murray Carret & Co. Starts Comcast Corp (CMCSA) at Buy; Cable Operations Should Outperform
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Price: $26.20 +2.46%
Rating Summary:
24 Buy, 25 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 7 | Down: 16 | New: 37
Rating Summary:
24 Buy, 25 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 7 | Down: 16 | New: 37
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Brean Murray Carret & Co. initiates coverage on Comcast Corp (NASDAQ: CMCSA) with a Buy. PT $32.
Brean analyst said, "Against the backdrop of increasing capital intensity, we are overweight CMCSA vis-a-vis Cablevision (NYSE: CVC) and Time Warner (NYSE: TWC) because we believe CMCSA has a strong service profile and low levels of penetration, which should allow its core cable operations to outperform over the next 12-18 months..."
For more ratings news on Comcast Corp click here and for the rating history of Comcast Corp click here.
Shares of Comcast Corp closed at $25.51 yesterday.
Brean analyst said, "Against the backdrop of increasing capital intensity, we are overweight CMCSA vis-a-vis Cablevision (NYSE: CVC) and Time Warner (NYSE: TWC) because we believe CMCSA has a strong service profile and low levels of penetration, which should allow its core cable operations to outperform over the next 12-18 months..."
For more ratings news on Comcast Corp click here and for the rating history of Comcast Corp click here.
Shares of Comcast Corp closed at $25.51 yesterday.
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