Redburn Atlantic Downgrades Comcast to Neutral, Lowers Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
Redburn Atlantic analyst Hamilton Faber downgrades Comcast (CMCSA) from Buy to Neutral and lowers the price target from $50 to $44.

February 15, 2024 | 10:56 am
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NEGATIVE IMPACT
Comcast was downgraded from Buy to Neutral by Redburn Atlantic, with a reduced price target from $50 to $44.
The downgrade from Buy to Neutral by a notable analyst, along with a significant reduction in price target, is likely to negatively impact investor sentiment and potentially lead to a short-term decrease in Comcast's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100