Nomura Securities analyst Adam Ilkowitz reiterated a Buy rating and boosted his price target on Comcast Corp (NASDAQ: CMCSA) to $65.00 (from $62.00) following Q4 results as they roll their estimates forward one year. The firm leaves unchanged their 7x Cable and 10x NBCU EBITDA terminal multiples.

Ilkowitz commented, "This valuation acknowledges Comcast continues to execute across both segments and rewards shareholders, returning 68% of consolidated free cash flow in 2014. We view the TWC deal as accretive and presenting further potential upside to our target, and expect it to be approved in mid-2015. Once the deal is closed, a raised buyback and cost synergies should further spark investor interest. "

The firm is lowering 2015E EPS from $3.28 to $3.22 and 2016 from $3.94 to $3.71, with the decline in 2016 due to weaker advertising results at NBCU and more modest pricing growth expected at Cable.

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 $59.17 yesterday.