Liberty Global

Citi raises its price target on Liberty Global Inc. (NASDAQ: LBTYA) from $32 to $46. In a note to clients, Citi writes, "We value LGI applying 16.5x to 2011E “core” unlevered free cash flow to get EV of $21.1 billion. Removing “core” net debt of $14.5 billion to get “core” equity value of $32.18...

Liberty Global (NASDAQ: LBTYA) reports results for seasonally modest Q3 after the close today, Wunderlich Securities reports. “Even apart from likely solid organic growth, the stock is benefiting from the move in the Euro since our July 9 report,” Wunderlich Securities writes. “We are raising our...