Discovery Communications +2.2% in second day of moves

• Discovery Communications (NASDAQ:DISCA) is up another 2.2% today, adding on to post-earnings gains yesterday as a pair of analysts boost outlooks on the stock.
• Macquarie has upgraded the shares to Neutral from a previous Underperform rating, joining a consensus take to hold the shares.
• Meanwhile, MKM Partners has lifted its price target on the stock slightly, to $29 from $27. That implies 9.8% upside from yesterday's close of $26.42.
• The shares rallied yesterday after the heavily international company grew revenues with strong U.S. performance, dodging currency effects. Its revenues from U.S. networks grew 7.2% while International Networks declined 1.4%.
• Two-day performance for DISCA: up 8.9%.