Comcast Corporation Price Target Boosted to $37 by BofA Amid Media Asset Reorganization

Wednesday, Feb 4, 2026 1:56 pm ET1min read
CMCSA--

BofA upgraded Comcast to Buy from Neutral and raised its price target to $37 from $31, citing the media conglomerate's potential to unlock value at NBCUniversal amid merger activity and reevaluation of media investments. BofA expects Comcast's media operations to benefit from a shrinking conglomerate discount as it breaks off linear cable networks and forms strategic partnerships.

Stay ahead of the market.

Get curated U.S. market news, insights and key dates delivered to your inbox.

Comments



Add a public comment...
No comments

No comments yet