Comcast (CMCSA) Stock: Why Its Trending Today

By Amit Chowdhry ● Feb 23, 2022
  • The Comcast Corporation (NASDAQ: CMCSA) stock is trending today. This is why.

The Comcast Corporation (NASDAQ: CMCSA) stock is trending today. And the company stock fell by 3.86% today as part of a broader market selloff.

But investors were also responded to a bearish research report. Exane BNP Paribas analyst Kohulan Paramaguru downgraded Comcast from an “Outperform” rating to a “Neutral” rating. And Paramaguru assigned the company a price target of $52 (down from $72).

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.