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Has Comcast Stock Gotten Too Cheap? 2 Analysts Think So


Has Comcast Stock Gotten Too Cheap? 2 Analysts Think So

Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope...

Last week was not a fun one to own Comcast (NASDAQ: CMCSA) stock. After showing strength early in the week, Comcast dropped a bombshell on Wednesday. The company revealed that current trends suggest Comcast could end up losing between 100,000 and 150,000 cable video subscribers in this current fiscal third quarter, as over-the-top, direct-to-viewer streaming apps convince more and more subscribers to cut the cord and ditch their cable packages in favor of buying pure internet service.

Comcast stock dropped more than 6% on the news, but up on Wall Street, some investors are musing that this may have been an overreaction -- and Comcast stock could be a buy.

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Source: Fool.com

Comcast Corp. Aktie

35,48 €
-1,40 %
Einen Verlust von -1,40 % verzeichnet heute die Comcast Corp. Aktie.
Durchaus positiv bewertet unsere Community derzeit Comcast Corp. mit 18 Buy-Einschätzungen und 1 Sell-Einschätzungen.
Eine Steigerung von über 20% ist für Comcast Corp. möglich, angesichts eines Kursziels von 44 € gegenüber 35.48 €.
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