UPDATE: Pivotal Research Group Upgrades Discovery Communications on 2014 Targets

In a report published Monday, Pivotal Research Group analyst Brian Wieser upgraded Discovery Communications (NASDAQ: DISCA ) from Sell to Hold, and raised the price target from $70.00 to $82.00. In the report, Pivotal Research Group noted, “We are rolling out our quarterly estimates and year-end 2014 price targets on several