Comcast (CMCSA) Declares $0.27 Quarterly Dividend; 2.5% Yield
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
JPMorgan Downgrades Comcast Corp (CMCSA) to Neutral 'As Broadband Growth Stalls'
July 29, 2022 3:57 AM EDTJPMorgan analyst Philip Cusick downgraded Comcast Corp (NASDAQ: CMCSA) from Overweight to Neutral with a price target of $45.00 (from $52.00).
The analyst comments "We downgrade Comcast to Neutral (from Overweight) on lower cable estimates (subs and financials) and establish a December 2023 price target of $45, which assumes exiting 2023 at 13.8x 2023E FCF and 11.9x 2023 EPS. Comcast reported mixed 2Q results with solid... More
Charter Communications (CHTR) Trades Lower in Sympathy with Comcast (CMCSA)
July 28, 2022 9:49 AM EDTCharter Communications (NASDAQ: CHTR) Trades Lower in Sympathy with Comcast (NASDAQ: CMCSA)
CMCSA -8.5%CHTR -7%... More