Scotiabank has raised its price target on Comcast Corporation (NASDAQ:CMCSA) to $45 from $44.50, while maintaining a Sector Perform rating on the stock. The adjustment reflects cautious optimism towards the Telecom, Media, and Technology (TMT) sector amid global uncertainties. While financial performance is expected to remain steady, there may be potential softness in key subscriber metrics due to demographic trends. Despite this, Comcast’s diversified portfolio is seen as a buffer against near-term pressures. Analysts suggest considering other AI stocks for greater upside potential and less downside risk.

Read more at Yahoo Finance: Scotiabank Raises Comcast (CMCSA) Price Target, Maintains Sector Perform Rating