UPDATE: Morgan Stanley Reiterates on DirecTV Following Company Investor Day
December 13, 2013 at 11:43 AM EST
In a report published Friday, Morgan Stanley analyst Benjamin Swinburne reiterated an Overweight rating on DirecTV (NASDAQ: DTV ), but removed the $70.00 price target. In the report, Morgan Stanley noted, “Management guided to $8 of FCF/share and EPS in 2016, +15% and +8% above MSe respectively. If the market