TD Cowen analyst Gregory Williams lowered the firm’s price target on Comcast (CMCSA) to $45 from $46 and keeps a Buy rating on the shares. The firm said they posted good 1Q25 financial results but another quarter of outsized Broadband sub losses. Management remains bullish on its revamped product and packaging on top of its network upgrades, however expect EBITDA pressure through the pivot.
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