Morgan Stanley analyst Benjamin Swinburne lowered the firm’s price target on Comcast (CMCSA) (CMSCA) to $31 from $32 and keeps an Equal Weight rating on the shares. Fixed wireless net adds may accelerate in 2026 from 2025 as AT&T (T) expands its footprint, while fiber growth should remain robust, notes the analyst, who trims Comcast’s price target as a result.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CMCSA:
- Comcast says didn’t see ‘high likelihood’ of prevailing in Warner Bros. bid
- Trump Says Netflix-Warner Bros. Deal ‘Could Be a Problem’ – Needs Review
- Now Streaming: Netflix to acquire Warner Bros. in $72B deal
- Warner Bros. starts exclusive deal talks with Netflix, NYT reports
- Paramount Loses Bid as Netflix-Warner Bros. Enter Exclusive Negotiations
