GE (GE) Will Sell Rest of NBCU Stake; Increases Buybacks to $35B, Will Accelerate
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February 14, 2013 9:05 AM EST
RBC Capital upgraded Comcast Corp (NASDAQ: CMCSA) from Sector Perform to Outperform with a price target of $46.00 following deal to buy remaining stake in NBCUniversal.
For an analyst ratings summary and ratings history on Comcast Corp... More
February 13, 2013 9:55 AM EST
Maxim Group today reiterated a Buy rating on Comcast Corp (NASDAQ: CMCSA) and raised its price target of $48.00 (from $46.00). Analyst also called Comcast's buyout of NBCUniversal shrewd, referring to recent announcement that CMCSA bought out the remaining 49 percent stake from GE (NYSE:... More
February 13, 2013 8:28 AM EST
Deutsche Bank raised its price target on Buy-rated Comcast Corp (NASDAQ: CMCSA) from $46 to $48 following Q4 results and the deal to buy the remaining stake in NBCUniversal.
"We see (1) leading cable growth / innovation / scale; (2) cable margins could rise post-2013 due to high margin telecom growth, improving video marketshare, and... More
February 12, 2013 4:32 PM EST
Comcast Corporation (Nasdaq: CMCSA) announced today it will acquire GEs (NYSE: GE) entire 49% common equity stake in the NBCUniversal joint venture for approximately $16.7 billion. Also, NBCUniversal will purchase from GE the properties used by NBCUniversal at 30 Rockefeller Plaza and CNBCs... More
