Comcast (CMCSA) Stock Price Target Raised as Broadband and Streaming Businesses Gain Momentum

Comcast Corporation (NASDAQ:CMCSA) ranks among the best 5G stocks to buy now. On August 4, Rosenblatt reiterated its Neutral rating on Comcast Corporation (NASDAQ:CMCSA) while increasing its price target to $38 from $37. The adjustment comes after Comcast’s second-quarter 2025 earnings report, which was announced on July 30. Rosenblatt stated that its consolidated 2025 revenue, EBITDA, and adjusted EPS expectations had increased by 1% to 2% following the report.

The firm stated that Comcast Corporation (NASDAQ:CMCSA) believes its new everyday low pricing strategy will help strengthen its broadband business, which has dealt with competition headwinds in recent quarters.

The firm also emphasized Comcast’s Content/Experiences division’s strong momentum, including investments in theme parks, successful movie production, and traction at the Peacock streaming service.

Comcast Corporation (NASDAQ:CMCSA) is an American media and technology company that specializes in telecommunications and entertainment. The company’s Xfinity Mobile service provides 5G coverage across the United States.

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Disclosure: None. This article is originally published at Insider Monkey.