Comcast reports Q4 results, with earnings beating estimates and a surge in Peacock subscribers. Analysts have mixed opinions on the stock, with some downgrading and others reaffirming a Buy rating.
Comcast stock fell double digits on Thursday after the company reported a bigger-than-expected drop in broadband customers and failed to add more subscribers to its Peacock streaming service.
The Dow Jones Industrial Average advanced 290 points (0.7%) as investors reacted to mixed corporate earnings, economic growth concerns, and anticipation of key inflation data.
Benchmark analyst Matthew Harrigan adjusted the price target for Comcast Corp (NASDAQ:CMCSA) to $55.00, down from the previous $57.00, while maintaining a Buy rating on the stock. The revision follows ...
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