Brean Murray Carret & Co. Maintains a 'Buy' on Comcast (CMCSA); Strong 4Q11 Operating Results, Raises Capital Returns

Brean Murray Carret & Co. maintains a 'Buy' on Comcast Corp (NASDAQ: CMCSA) price target of $32.00.

Brean analyst says, "Comcast reported very good 4Q11 results this morning (even better than expected), led by relative outperformance of its core cable operations where it saw a dramatic slowdown in video sub losses and continued strength in HSD net adds, and a lower-than-expected decline in profitability for NBCU. Strong results for the quarter were enhanced by an increase in capital returns to shareholders with an increase in both the company’s dividend and share repurchase program."

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 $27.25 yesterday.

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