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BofA cuts Comcast stock price target on broadband pressure

Market context: CMCSA: BofA explicitly cut the price target on Comcast citing broadband subscriber/competitive pressure. Bearish near-term on broadband segment weakness, though broader business may offset.

Why it matters

CMCSA (Comcast) · Why linked: BofA explicitly cut the price target on Comcast citing broadband subscriber/competitive pressure. Market context: Bearish near-term on broadband segment weakness, though broader business may offset.

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