Barron’s reports weak Charter earnings headwind for cable stocks including Comcast.

 

Deutsche Bank downgrades Comcast to Hold from Buy after Q1, cuts price target to $34

• Deutsche Bank also lowered 2027 EBITDA and free cash flow estimates for Comcast following the Q1 report.
• Firm cited limited upside in the shares as rationale for the rating and target changes.
• Barron’s reports weak Charter Communications earnings, viewing them as a headwind for cable stocks including Comcast.

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