UBS Maintains a 'Buy' on Comcast Corp (CMCSA); Strong 4Q Results, Potential for Video Subscriber Growth
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Price: $26.18 --0%
Rating Summary:
24 Buy, 25 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
24 Buy, 25 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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UBS maintains a 'Buy' on Comcast Corp (NASDAQ: CMCSA) price target raised from $30 to $34.
UBS analyst says, "CMCSA reported strong 4Q results, with its smallest video losses in nearly five years and better than expected broadband subscriber growth. While management stated it does not expect subscriber growth in 1Q, these results suggest the company is beginning to see the full impact of new initiatives and shifts in how video is consumed within the home."
Other highlighted points include: 1) Dividend raised; will complete nearly half of new $6.5B buyback in 2012; and 2) 2012E video losses cut by half; HSD should continue gain share.
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 $28.52 yesterday.
UBS analyst says, "CMCSA reported strong 4Q results, with its smallest video losses in nearly five years and better than expected broadband subscriber growth. While management stated it does not expect subscriber growth in 1Q, these results suggest the company is beginning to see the full impact of new initiatives and shifts in how video is consumed within the home."
Other highlighted points include: 1) Dividend raised; will complete nearly half of new $6.5B buyback in 2012; and 2) 2012E video losses cut by half; HSD should continue gain share.
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 $28.52 yesterday.
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