Jefferies upgrades TWC because they think we are idiots

Todays headlines on TWC:

Time Warner Cable was upgraded to "buy" from "hold" by Jefferies, citing the higher likelihood of a merger deal being struck between the company and Comcast. Jefferies also raised its price target from $190 to $193.

Oh really?

Then why is it that nearly every single news article and outlet out there is saying the exact opposite?

http://ift.tt/1Oea5VE

Hurdles Are Rising for Comcast Deal Regulators unlikely to be appeased by ‘behavorial remedies’ to ease antitrust concerns

Seriously, does anybody here think this Comcast merger will happen?

I can not think of one single reason that it would be good for the consumer, we know this, TWC and Comcast know this, the regulators know this, the politicians on both sides know this.

Jefferies is just trying to unload a long position that is probably red.

Shame on you!

Submitted April 23, 2015 at 10:48AM by StockJock-e http://ift.tt/1OhBxBL