Comcast Announces Proposal to Reclassify Each Share of Class A Special Common Stock into One Share of Class A Common Stock

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Video and Broadband Strength Drive 3Q Results For Comcast (CMCSA); UBS Reiterates Buy

October 28, 2015 11:20 AM EDT

UBS maintained a Buy rating and $70.00 price target on Comcast Corp (NASDAQ: CMCSA) following the company's 3Q results. Comcasts 3Q results were in-line to better, with fewer video losses and better broadband adds. Management raised cable capex guidance for the year to ~15% of sales from 14.5% (UBSe $7.04B, prev.... More