Wunderlich Maintains Buy on Comcast

Wunderlich is out with its report today on Comcast CMCSA, maintaining Buy. In a note to clients, Wunderlich writes, "Even sans Dick Ebersol, NBC Universal emerged as the winner for a lockdown four-Olympiad bid of $4.38bn for the 2014 through 2020 games. This was about $800mm more than the supposed Fox cover bid, and shows Buy-rated Comcast's commitment to reviving NBC." Wunderlich maintains a $33 PR on CMCSA. At the time of posting, shares of CMCSA were trading pre-market at $24.00, down 0.08% from Tuesday's close.