- Morgan Stanley upgrades Comcast (CMCSA) to an Overweight rating and raises its price target to $63.
- The investment firm is convinced that Comcast trades at a discount to peers and sees growth potential with new initiatives such as a next-generation set-top box and home security.
- CMCSA +1.65% premarket to $53.68.
Comcast lands strong endorsement from Morgan Stanley
Jan 15 2014, 08:28 ET