Comcast's steep broadband subscriber losses take shine off strong studio performance
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Comcast Corp (CMCSA) PT Lowered to $44 at Goldman Sachs
January 30, 2025 4:12 PM ESTGoldman 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
