NEW YORK (TheStreet) -- Shares of Comcast (CMCSA) - Get Report  are down 1.46% to $60.75 in pre-market trading this morning as Nomura raised its price target to $73 from $70.

The firm has a "buy" rating on the Philadelphia-based media giant.

"Over the past year, Comcast has continually accelerated the pace of its X1 rollout," Nomura said in an analyst note released this morning. The firm added that it expects improving video subscriber trends in the upcoming quarter.

Despite increasing market volatility and "uncertainty," Nomura said that Comcast provides stability and recurring revenue and earnings. This, the firm said, amounts to an "attractive investment."

Shares of Comcast closed down 2.07% at $61.65 on Friday amidst the Brexit-fueled global sell-off.

Separately, TheStreet Ratings rated this stock as a "buy" with a ratings score of A.

The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, reasonable valuation levels, solid stock price performance and increase in net income. TheStreet Ratings feels its strengths outweigh the fact that the company has had generally high debt management risk by most measures that TheStreet Ratings evaluated.

You can view the full analysis from the report here: CMCSA

TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author. 

Image placeholder title