Wells Fargo analyst Steven Cahall raised the firm’s price target on Comcast to $50 from $46 and keeps an Equal Weight rating on the shares. The firm thinks connectivity trends are better and support stronger and more sustainable earnings, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on CMCSA: