Morgan Stanley lowered the firm’s price target on Comcast (CMCSA) to $38 from $40 and keeps an Equal Weight rating on the shares. The firm believes the company’s Q2 report showed early traction from the recent pricing and packaging changes. It believes the stock’s risk/reward looks positive for those with longer term time horizons.
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’s Strong Performance and Growth Potential Justify Buy Rating
- Comcast price target lowered to $36 from $40 at UBS
- Comcast price target lowered to $34 from $35 at Barclays
- Comcast’s Strong Performance Amidst Challenges: A Hold Rating Reflects Caution
- Comcast Reports Strong Q2 2025 Earnings Growth