Comcast price target raised to $53 from $50 at Loop Capital

Loop Capital analyst Alan Gould raised the firm’s price target on Comcast to $53 from $50 and keeps a Buy rating on the shares. The company reported another strong quarter, beating on broadband sub additions as well as on revenue and EBITDA, and going forward, the broadband net add comparison becomes much easier for Comcast, the analyst tells investors in a research note.