Comcast Corporation (CMCSA) Upgraded to Neutral by BNP Paribas
AI Summary1 min read
TL;DR
BNP Paribas upgraded Comcast to Neutral from Underperform, citing ongoing cable pressures but highlighting growth in broadband and wireless additions, despite a 2.7% revenue decline.
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ComcastBNP Paribasstock upgradebroadbandwireless
BNP Paribas upgraded Comcast (CMCSA) to Neutral from Underperform with a $28 price target. Comcast continues to face structural issues, including cable segment pressures and loss of broadband subscribers. However, the company has shifted its focus to broadband and added 414,000 domestic wireless lines in Q3 2025. Revenue fell 2.7% due to difficult comparisons against the prior year.
