RBC Capital analyst Jonathan Atkin initiated coverage of Comcast (CMCSA) with a Sector Perform rating and $38 price target The firm believes Comcast is challenged due to intensified competition with fiber and fixed wireless access that pressure its subscriber metrics and market share. The company’s execution has been solid, but the shares have few catalysts to drive sustainable valuation expansion, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CMCSA:
- Paramount Skydance Plans to Make MTV a ‘Music Tastemaker’ Again
- Now Streaming: Warner Bros. reportedly weighs sale of studio, streaming stake
- Comcast’s NBC tells Bloomberg 2026 Super Bowl ad inventory sold out
- Walmart announces streaming partnership with peacock for Walmart+ members
- Walmart (WMT) Has its Sights on Amazon Prime Video as Streaming Wars Heats Up