Comcast price target raised to $52 from $50 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Comcast to $52 from $50 and keeps an Overweight rating on the shares. Comcast’s “big six” drivers delivered nearly 10% top-line growth, while the worst of its broadband share loss “may be behind it,” the analyst tells investors in a post-earnings note. Even with shares up about 30% year-to-date, “stable growth at this valuation” keeps Comcast the firm’s Top Pick in Cable/Satellite, the analyst added.