UBS lowered the firm’s price target on Comcast (CMCSA) to $32 from $36 and keeps a Neutral rating on the shares. Comcast reported in-line results amid the broadband go-to-market shift, the analyst tells investors in a research note.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CMCSA:
- Comcast price target lowered to $39 from $40 at TD Cowen
- Comcast: Prolonged Earnings Pressure, Limited FCF Upside, and Overstated NBCU Deal Optionality Support Underweight Rating
- Verizon reports amended MVNO agreement with Charter and Comcast
- Comcast price target raised to $33 from $32.79 at Citi
- Comcast: Near-Term Broadband Headwinds but Strategic Repositioning and Margin Recovery Support Buy Rating
