KeyBanc downgrades Comcast stock to Underweight
AD HOC NEWS
KeyBanc has downgraded Comcast (CMCSA) from Sector Weight to Underweight, citing intensifying broadband competition and projected subscriber losses. The research firm set an USD 18.00 price target for the stock, as Comcast reported a loss of 167,000 domestic broadband customers in Q2 2026 and revenue below estimates. The company's upcoming Q3 2026 results on October 22 will be crucial in assessing whether broadband losses have narrowed.
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