JP Morgan Maintains Neutral on Comcast, Raises Price Target to $49
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Philip Cusick maintains a Neutral rating on Comcast (NASDAQ:CMCSA) and raises the price target from $48 to $49.
September 25, 2023 | 1:33 pm
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JP Morgan maintains a Neutral rating on Comcast and raises the price target from $48 to $49. This could potentially indicate a slight increase in the stock's value.
The raised price target by JP Morgan indicates a potential increase in Comcast's stock value. However, the Neutral rating suggests that the stock is expected to perform in line with the market or sector average. Therefore, while the news is positive, it may not lead to a significant increase in the stock's price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100