Liberty Global price target raised to $27 from $25 at Pivotal Research

Pivotal Research analyst Jeffrey Wlodarczak raised the firm’s price target on Liberty Global to $27 from $25 and keeps a Buy rating on the shares following “moderately better than expected” Q2 earnings results. The analyst also cited updated currencies, the just announced infosys deal, and the higher than expected run-rate in share repurchases as reasons for updating the firm’s estimates and raising the price target on Liberty Global shares.