Comcast Reports 4th Quarter 2024 Results

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Go back to Comcast Reports 4th Quarter 2024 Results

Comcast Corp (CMCSA) PT Lowered to $44 at Goldman Sachs

January 30, 2025 4:12 PM EST

Goldman Sachs analyst Michael Ng lowered the price target on Comcast Corp (NASDAQ: CMCSA) to $44.00 (from $50.00) while maintaining a Buy rating.

The analyst comments "Following CMCSAs 4Q24 results, we reduce our 2025/26/27 EBITDA by 1% on average, following a quarter where CMCSA domestic broadband missed lowered expectations due to a weaker-than-expected December. CMCSA is now more aggressively using... More