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Why Comcast Stock Fell Wednesday

TheMotleyFool

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Shares of media and communications company Comcast (NASDAQ: CMCSA) fell as much as 8.3% on Wednesday. As of 12:40 p.m. EDT, the stock was down 3.2% -- even as the broader market is up sharply.

Shares of the communications company are likely down because of an analyst's decision to lower his price target for the stock.

Image source: Getty Images.

Source Fool.com

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