Deutsche Bank Reiterates Buy, $34 PT on Comcast


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Deutsche Bank maintains its Buy rating and $34 price target on Comcast (NASDAQ: CMSCA) following Q4 numbers ahead of expectations. Deutsche Bank notes, "Comcast rpt'd 4Q ahead of our expectations, in particular impressive video sub performance and beating our cable revenue, cable EBITDA, cablecapex, NBCU revenue, NBCU EBITDA, EPS and FCF, while the 2012 return of capital plan is at the upper end of our $4b-$5b estimate range. Clearly, 2012 guidance is critical and mgmt will likely try to hold back the Street as much as they can (we would expect flat cable margins, flat capex, NBCU commentary to be restrained given NBA benefit in 4Q hurts 1H12 and poor primetime ratings at NBC, partially offset by The Voice, the decision on the purchase price acctg adj. for the Olympics and NFL)."CMSCA closed at $27.15 on Tuesday.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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Posted In: Analyst ColorPrice TargetReiterationIntraday UpdateAnalyst RatingsDeutsche Bank