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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.

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Apr 2017SunTrust Robinson HumphreyInitiates Coverage OnBuy
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