Comcast price target lowered to $48 from $50 at TD Cowen
The Fly

Comcast price target lowered to $48 from $50 at TD Cowen

TD Cowen lowered the firm’s price target on Comcast (CMCSA) to $48 from $50 and keeps a Buy rating on the shares. The firm said they posted good 3Q24 results with upside BB losses with a better ACP non-pay reserve upside, Olympics revenue, and outlined plans to explore a spinoff of its cable networks.

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