NEW YORK, February 16 (FinanceEnquiry.com) - Analyst Tuna Amobi of S&P Capital IQ reiterates his STRONG BUY rating on the A shares of Discovery Communications (NASDAQ: DISCA).

In a research note published yesterday, the analyst mentions that Discovery Communications is expected to post robust results for Q4 before open on February 16, and is on track to meet full year financial targets. The company further exploits resurgence of ratings across its emerging networks (principally id: Investigation Discovery), plus core brands (Discovery, TLC, Animal Planet), vs. startup challenges for Oprah Winfrey Network. If Discovery Communications would achieve the targets, its Q4 guidance for mid-teens ads growth would be the best among peers, setting the tone for 2012, the analyst says. The recent management changes, including the elimination of COO role, the appointment of former GE executive Andrew Warren as CFO, replacing Brad Singer in 2012 would be of little strategic changes, S&P Capital IQ adds.