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Comcast Corporation (NASDAQ: CMCSA) shares are trading lower after Wells Fargo maintained an Underweight rating on the stock and lowered its price target from $49 to $46. Wells Fargo analyst Steven Cahall stated ‘We’ve taken a more cautious stance on the broader Cable sector as we think net adds will slow and capital intensity will be more elevated, resulting in lower future earnings.
...read full article on Benzinga
