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Jefferies Raises Price Target on Comcast (CMCSA) to $77; Reiterates Buy

July 28, 2016 10:10 AM EDT

Jefferies reiterated a Buy rating on Comcast Corp (NASDAQ: CMCSA), and raises price target to $77.00 (from $72.00), following the company's 2Q earnings report. Comcasts subscriber turnaround continues to impress, with PSU growth of 75%, far ahead of the peer group.

Analyst Mike McCormack... More