Pivotal Research Upgrades Discovery To Buy

Analysts at Pivotal Research upgraded Discovery Communications

from Hold to Buy. The price target for Discovery Communications has been lowered from $40 to $39. Discovery shares have dropped 23.89% over the past 52 weeks, while the S&P 500 index has gained 13.65% in the same period. Discovery's shares fell 6.62% to close at $33.31 yesterday.