NBCUniversal Well-Equipped to Tackle Double Strike Amid Rising Uncertainties, Analyst Express Confidence
Portfolio Pulse from Anusuya Lahiri
Benchmark analyst Matthew Harrigan reiterated a Buy rating and a $49 price target for Comcast Corp (NASDAQ:CMCSA). Despite the ongoing strike by SAG and WGA, NBCUniversal, a subsidiary of Comcast, is well-positioned due to its high reality show programming component. The partnership between Roku, Inc (NASDAQ:ROKU) and Comcast's FreeWheel aims to advance ad tech for TV streaming.
July 13, 2023 | 6:57 pm
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Comcast Corp is well-positioned despite the ongoing strike due to its high reality show programming component. The company's partnership with Roku to advance ad tech for TV streaming could also be beneficial.
The ongoing strike could potentially disrupt Comcast's operations. However, the company's high reality show programming component remains unaffected. Additionally, the partnership with Roku could advance ad tech for TV streaming, potentially boosting Comcast's revenues.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Roku's partnership with Comcast's FreeWheel aims to advance ad tech for TV streaming, which could potentially boost Roku's revenues.
The partnership with Comcast's FreeWheel could advance ad tech for TV streaming, potentially boosting Roku's revenues. This could make Roku more attractive to investors, potentially driving up the stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 70