UPDATE: Morgan Stanley Reiterates Equal-Weight Rating, Raises PT on Grupo Televisa Following 4Q12 Results

In a report published Wednesday, Morgan Stanley reiterated its Equal-Weight rating on Grupo Televisa (NYSE: TV ), and raised its price target from $26.00 to $30.00. Morgan Stanley noted, “Fine tuning estimates post 4Q12. Raising SOTP-based PT to $30/ADR to reflect higher media peer group valuations, as well as a