BofA Boosts Comcast (CMCSA) Price Target Amid Media Asset Reorganization

Comcast Corporation (NASDAQ:CMCSA) ranks among the stocks with the lowest forward PE ratios. On January 12, BofA upgraded Comcast Corporation (NASDAQ:CMCSA) to Buy from Neutral and boosted its price target to $37 from $31, stating that the media conglomerate is getting near the time to unlock value at NBCUniversal as merger activity continues and investors reevaluate their media investments. Copyright: jetcityimage / 123RF Stock Photo BofA stated that Comcast’s media operations have been dragged low for ...