Citi Adds CMCSA To Top Picks

Citi is maintaining its Buy rating and its $29 price target on Comcast Corp. (NASDAQ: CMCSA) as it adds the stock to its Top Picks Live.

According to Citi, “We finally made it through the pro forma financials for Comcast and NBCU. While there were a number of changes to our model, the aggregate impact to '11 and '12 EPS was small. Our '11 EPS moves down $0.03 to $1.57. Our '12 EPS moves up $0.09 to $1.91. Our FCF per share in 2011 and 2012 is $2.44.”

CMCSA closed yesterday at $24.44.