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Deutsche Bank Downgrades Comcast Corp (CMCSA) to Hold

April 24, 2026 6:10 AM EDT

(Updated - April 24, 2026 7:31 AM EDT)

Deutsche Bank analyst Bryan Kraft downgraded Comcast Corp (NASDAQ: CMCSA) from Buy to Hold with a price target of $34.00 (from $35.00).

The analyst comments "We are moving to a Hold rating (from Buy) and lowering our price target to $34, from $35, driven by our lower 2027+ EBITDA and FCF estimates. Our change in rating is based on the following key points: We see limited upside (7%) to reach our $34 12-month PT given recent stock price appreciation... More