Deutsche Bank Reports on 2Q at Comcast

Deutsche Bank has published a report on Comcast CMCSA reaffirming the outlook after second quarter results. In the report, Deutsche Bank wrote, "After reporting strong 2Q growth at both Cable and NBCU, our confidence in our forecast is meaningfully increased. While investors are looking for catalysts, in our view the stock simply deserves to be re-rated higher based on the performance trendline that it has already demonstrated." Deutsche Bank rated Comcast a Buy with a price target of $33.00. Comcast closed Wednesday at $22.77.