Comcast Broadband Losses Deepen As Competition Intensifies

Scotiabank analyst Maher Yaghi kept a Neutral/Sector Perform view on Comcast Corp (NASDAQ:CMCSA) , saying the company's fourth-quarter results met expectations but failed to show clear signs of a turnaround.The analyst reduced the price forecast from $37.50 to $35.25.Broadband Competition Pressures ARPU And EBITDAHe said broadband pressures remain intense as Comcast faces aggressive competition from fiber providers and fixed wireless access (FWA).Yaghi noted that Comcast's decision to avoid price hikes and ...