With Apple Out Of Picture, Comcast Top Pick In 2016

By | December 22, 2015

Scalper1 News

Comcast (CMCSA) has a good chance to add net video subscribers in 2016 for the first time since 2006, especially with Apple (AAPL) out of the Web TV picture, says a bullish Morgan Stanley research report. Benjamin Swinburne, a Morgan Stanley analyst, calls Comcast his top large-cap telecom pick for 2016. He set a price target of 70 on Comcast stock. A threat from Apple has subsided, says the Morgan Stanley analyst, while the superfast broadband Scalper1 News

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