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Morgan Stanley Calls Co A Top Large Cap Pick For 2016, Reiterates Overweight And $70 PT

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  • Comcast shares are unchanged from Monday's close of $56.46. Tuesday morning Morgan Stanley issued a note calling the co a Top Pick for 2016 and forecasting EPS to grow 10-12 percent over the coming year. Analyst Benjamin Swinburne says shares roughly flat since Comcast announced plans to acquire Time Warner in 2014 while EBITDA as grown 7-8 percent. Furthermore, Swinburne sees a good chance for Comcast to add net video subs in 2016, the first time in nearly a decade.

Comcast To Merge With Time Warner (Feb. 2014) -

http://www.benzinga.com/news/14/02/4306197/time-warner-cable-to-merge-with-comcast

Comcast news on Benzinga.com -

http://www.benzinga.com/stock-articles/cmcsa/analyst-ratings

Latest Ratings for CMCSA

DateFirmActionFromTo
Aug 2017Argus ResearchMaintainsBuy
Aug 2017GuggenheimUpgradesNeutralBuy
Jun 2017Moffett NathansonDowngradesBuyNeutral

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