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CMCSA
Benzinga
103 days

Comcast Growth Steps Will Take 'A Minimum Of Several Quarters' To Generate Returns: Analyst

1. BofA maintains Neutral rating on CMCSA with a $38 price target. 2. Theme Parks are expected to drive near-term and long-term growth. 3. Epic Universe opening in May will boost attendance and revenue. 4. Comcast faces challenges in broadband growth amidst competition. 5. Bookings for Universal Orlando remain healthy with increased traffic.

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FAQ

Why Neutral?

The neutral rating and modest price target suggest limited immediate upside but reflect steady operations. Previous forecasts have often underestimated the impact of new attractions on attendance.

How important is it?

The article outlines strategic growth areas and challenges, providing insight into CMCSA's operational focus.

Why Short Term?

Epic Universe opening will likely attract visitors and drive revenue soon, yet strategic shifts in broadband will take longer for effects to manifest.

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