NEW YORK (TheStreet) - Liberty Global, the international telecom operator run by John Malone, is poised to outperform its peers as it accelerates expansion plans, boosting revenue, says Macquarie, in its initial coverage of the company.

Liberty Global (LBTYA)was gaining 1.9% to $70.99 Tuesday extending its 2013 advance to 12%.

Liberty Global's success has been attributed to extensive share buybacks and acquisitions, said the analysts, led by Amy Yong. Macquarie set a 12-month price target of $90 after the analysts said free cash flow per share can be expected to reach $7.50 with a compound annual growth rate at 14% over 3 years. Macquarie forecasts sales to increase 5% to $18.9 billion for 2014.

Liberty Global and its holdings operate in 12 nations across Europe, Puerto Rico, and the United States. Earlier this month, the Denver-based company entered the U.K. market through its merger with Virgin Media (VMED) that has been valued at about $24 billion. Liberty has also increased its stake to 15% of Ziggo, the Netherland's largest cable-television provider.

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Liberty Global Gains as Macquarie Expects More Deals