Citigroup Maintains Buy on Comcast, Raises Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Michael Rollins has reaffirmed a Buy rating on Comcast (NASDAQ:CMCSA) and increased the price target from $51 to $53, indicating a positive outlook on the company's stock.
January 30, 2024 | 3:14 pm
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Citigroup analyst Michael Rollins maintains a Buy rating on Comcast and raises the price target to $53, suggesting confidence in the company's future performance.
The increase in price target by a reputable analyst typically indicates a positive outlook on the stock, which can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100