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UPDATE: Morgan Stanley Raises Liberty Interactive Group's PT

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Updated Research Report on Liberty Interactive - Analyst Blog
UPDATE: Wunderlich Securities Reiterates On Liberty Interactive On Chinese Market Potential

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.

Posted-In: Morgan StanleyAnalyst Color Price Target Analyst Ratings


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