Comcast’s Focus on Cash Flows Over Subscribers in Competitive Landscape Draws Mixed Analyst Reactions

Oppenheimer analyst Timothy Horan maintained an Outperform rating on Comcast Corp (NASDAQ:CMCSA) with a price target of $55.

CMCSA reported a second straight quarter of impressive beats in EBITDA and FCF as 3Q profitability prevailed over chasing low-quality subscribers.