Bernstein analyst Peter Supino in a Wednesday report upgraded his rating on Comcast’s stock to "outperform" and raised his price target by $4 to $52, the highest target of any analyst for the company. "Our view is that Comcast's stock is demonstrably under-valued and that the pendulum of investor confidence now under-appreciates Comcast's strategic intelligence and commitment to long-term value creation," Supino wrote. "Cable is a strong foundation for this investment thesis." The analyst also highlighted though that investors don't give Comcast full credit for the value of NBCUniversal and Sky. "A bullish view of cable's and [theme] parks' contributions to equity value assigns a value of zero to NBCU ex-parks and Sky," he argued, adding.
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