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Fly News Breaks for April 9, 2015
CHTR, CMCSA
Apr 9, 2015 | 07:44 EDT
Jefferies views the most recent Charter (CHTR) acquisition timing delay to mid-2015 as likely the last reset for Comast (CMCSA) and believes risks surrounding the deal are overblown. The firm remains "more confident than not" in a successful deal close and raised its price target for Comcast shares to $71 from $66. It believes the stock offers attractive upside and reiterates a Buy rating on the name.
News For CMCSA;CHTR From the Last 2 Days
CMCSA
Apr 18, 2024 | 06:57 EDT
Morgan Stanley named Comcast as the firm's "Top Pick in the Cable & Satellite" industry and notes that it remains the firm's only Overweight-rated name in the sector. Shares are now down 10% year-to-date despite a stable earnings outlook, says the analyst, who remains confident Comcast can grow broadband ARPU consistent with its historical 3%-4% range in 2024 and beyond. Moderating losses at Peacock and the opening of its new theme park Epic Universe in 2025 should also contribute to consolidated EBITDA growth, the analyst tells investors.