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Enter Symbol:
 
Comcast Corporation (CMCSA) [hlAlert]

Rating:
Outperform
CMCSA
up 10.98 %

Comcast Corporation (CMCSA) upgraded to Outperform with price target $66 by Pacific Crest

Posted on: Monday,  Feb 24, 2014  8:25 AM ET by Pacific Crest

Pacific Crest rated Outperform Comcast Corporation (NASDAQ: CMCSA) on 02/24/2014, when the stock price was $51.15. Since
then, Comcast Corporation has gained 10.99% as of 01/04/2016's recent price of $56.77.
If you would have followed this Pacific Crest's recommendation on CMCSA, you would have gained 10.98% of your investment in 679 days.

Comcast Corporation is a provider of cable services, offering a variety of entertainment, information and communications services to residential and commercial customers. As of December 31, 2008, its cable systems served approximately 24.2 million video customers, 14.9 million high-speed Internet customers and 6.5 million phone customers, and passed over 50.6 million homes in 39 states and the District of Columbia. It operates in two segments: Cable and Programming. The Cable segment, which generates approximately 95% of the Company?s consolidated revenue, manages and operates cable systems in the United States. The Cable segment also includes the operations of its regional sports networks. The Programming segment consists of its national programming networks, including E!, Golf Channel, VERSUS, G4 and Style. In June 2009, the Company acquired from Hearst its 50% interest in New England Cable News (NECN). Comcast owns 100% of NECN.

Pacific Crest'S exclusive focus on technology allows to provide more in-depth coverage than other firms. • Pacific Crest has a senior research analyst for each of the 18 tech sectors covered and we cover over 230 tech stocks • Collaboration between analysts helps us provide a complete picture of emerging trends and the convergence and consolidation taking place in the tech industry • Pacific Crest is expanding international coverage includes companies in emerging markets that will play an important part in changing the tech landscape - Over 30% of our coverage list is international
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/24/2014 8:25 AM Buy
None
51.15 66.00
as of 10/17/2014
1 Week down  -3.68 %
1 Month down  -11.22 %
3 Months down  -6.49 %
1 YTD down  -0.91 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/8/2012 8:25 AM Hold
None
36.41

(*) Stock Price at the time of the recommendation.
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