Deutsche Bank Reports Terrific 1Q And Reaffirms Buy On Comcast (CMCSA)

Deutsche Bank has published a research report on Comcast's CMCSA terrific 1Q and reaffirms buy rating on the cable & satelilite company. In the report, Deutsche Bank said, "1Q11 cable results were very strong, both relative to peers/competitors and valuation. Leading the industry, PF Cable revenue grew 5.8% and Cable EBITDA grew 7.7%, while subscriber net adds improved for the 2nd qtr in a row (up 8% Y/Y to 639k, well ahead of our 484k est.)." Comcast closed yesterday at $26.61.