Comcast price target lowered to $44 from $47 at Citi

Citi analyst Michael Rollins lowered the firm’s price target on Comcast (CMCSA) to $44 from $47 and keeps a Buy rating on the shares. Comcast reported disappointing broadband results that raised questions on the direction of volume and average revenue per user for 2025, the analyst tells investors in a research note. As a result, the firm widened its expectation for broadband net losses in 2025 to negative 519,000.