Scotia Capital Has Sector Outperform on Comcast

Scotia Capital is out with a research report on Comcast CMSA and it has a Sector Outperform rating and a $32 price target on shares. In a note to clients, Scotia Capital writes, "Subscriber trends appear sustainable. Comcast has seen 4 quarters of positive trend in subscriber adds and Q3 exhibited the best improvement in video performance in years. This was due to continued product and service enhancements. Voice net adds (weak in Q3) will likely see an improvement in Q3 with focus back on triple play subs." Shares of CMCSA are down 36 cents to $22.96, a loss of 1.54%.