BofA Boosts Comcast (CMCSA) Price Target Amid Media Asset Reorganization

1 day ago 3

Sheryar Siddiq

Tue, February 3, 2026 astatine 4:12 AM CST 1 min read

Comcast Corporation (NASDAQ:CMCSA) ranks among the stocks with the lowest guardant PE ratios. On January 12, BofA upgraded Comcast Corporation (NASDAQ:CMCSA) to Buy from Neutral and boosted its terms people to $37 from $31, stating that the media conglomerate is getting adjacent the clip to unlock worth astatine NBCUniversal arsenic merger enactment continues and investors reevaluate their media investments.

BofA stated that Comcast’s media operations person been dragged debased for years by a conglomerate discount, which it expects to support depressing the shares. That discount could shrink arsenic Comcast Corporation (NASDAQ:CMCSA) broke disconnected its linear cablegram networks and showed a greater willingness to marque strategical partnerships.

According to BofA, removing the secularly falling linear assets renders NBCUniversal easier to merchantability and increases strategical versatility, portion besides highlighting the asset’s precocious worth but sub-scale nature.

Comcast Corporation (NASDAQ:CMCSA) is simply a media and exertion institution that operates done Residential Connectivity & Platforms, Business Services Connectivity, Media, Studios, and Theme Parks segments.

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