KeyBanc analyst Brandon Nispel downgrades Comcast to underweight from sector weight with an $18 price target, citing likely worse-than-expected 3Q results on all key metrics. Nispel expects broadband net adds to remain pressured as competitors ramp up offers he calls "irrational," and does not expect rivals to relent. Comcast shares fall 2.2% to $21.65.
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