UPDATE: J.P. Morgan Resumes Coverage on Liberty Global at Overweight on Positive Outlook

In a report published Wednesday, J.P. Morgan analyst Carl Murdock-Smith resumed coverage on Liberty Global (NASDAQ: LBTYA ) with an Overweight rating and $90.00 price target. In the report, J.P. Morgan noted, “We resume coverage with an Overweight recommendation and $90 Dec-14 PT ($70 Dec-13 previously). We view Liberty's cable assets