RBC Capital analyst Steven Cahall upgraded the rating on Comcast Corp. to Outperform, from Sector Perform, with a $60 price target, suggesting an upside of 18 percent.
Cahall stated that the recent 19 percent sell-off since early August is overdone.
Comcast Shares Gain on RBC Capital Rating Upgrade
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A sign is posted in front of a Comcast service center in San Rafael, Calif., on July 13, 2015. Justin Sullivan/Getty Images
By Benzinga
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