The Ratings Game: Comcast has reached an ‘inflection point,’ BofA says in upgrade

by | May 1, 2023 | Stock Market

Comcast Corp.’s stock offers a “compelling” valuation as the company makes business progress, according to one analyst. BofA Securities analyst Jessica Reif Ehrlich upgraded Comcast’s CMCSA stock to buy from neutral Monday, days after the cable and media giant’s first-quarter results showed improvement in the connectivity business and a better path forward in media. Read:…

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