“For Comcast, 2025 will be a reset year as the company looks to improve it broadband results by leaning into mobile and converged offerings,” analysts led by Jessica Reif Ehrlich said in a note.
Bank of America downgraded Comcast Corp (NASDAQ:CMCSA) shares on Friday, while also reducing the price objective (PO) from $50 to $38.
BofA analyst Jessica Reif Ehrlich downgraded Comcast (CMCSA) to Neutral from Buy with a price target of $38, down from $50, as the firm now forecasts an EBITDA decline in the “reset year” of 2025.
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