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UPDATE: Morgan Stanley Raises Liberty Interactive Group's PT

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According to a research report published this morning, Morgan Stanley has increased Liberty Interactive Group's (NASDAQ: LINTA) PT from $21 to $22.

In the report, Morgan Stanley said, "We remain OW, as we continue to view QVC as an undervalued, stable-growth asset trading at an 11% ‘13E adj. FCF yield. We believe LINTA can maintain a ~25% FCF/share and ~15% adjusted EPS '12-15E CAGR. Accelerating buybacks and the LVNTA tracker creation should highlight the value of QVC."

Liberty Interactive Group is currently trading at $18.29.

Latest Ratings for LINTA

DateFirmActionFromTo
Sep 2014FBR CapitalMaintainsOutperform
Aug 2014CitigroupMaintainsBuy
May 2014UBSMaintainsBuy

View More Analyst Ratings for LINTA
View the Latest Analyst Ratings

Posted-In: Morgan StanleyAnalyst Color Price Target Analyst Ratings

 

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