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Scotiabank Upgrades Comcast (CMCSA) PT to $45.50, Keeps Sector Perform Rating

Comcast Corporation (NASDAQ:CMCSA) is one of the most promising stocks under 100.OnOctober8,ScotiabankanalystMaherYaghiraisedthefirmspricetargetonComcastto100. On October 8, Scotiabank analyst Maher Yaghi raised the firm’s price target on Comcast to 45.50 from 45,whilemaintainingaSectorPerformratingontheshares.ScotiabankexpectsresultsfortheTelecom,Media,andTechnologysectortobebroadlyinlinewithconsensus.InQ2,Comcastdeliveredresultswith45, while maintaining a Sector Perform rating on the shares. Scotiabank expects results for the Telecom, Media, and Technology sector to be broadly in line with consensus. In Q2, Comcast delivered results with 4.5 billion in free cash flow and a 3% increase in adjusted EPS to $1.25, on the back of 2% year-over-year revenu ...