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Two analyst calls are shaping Tuesday's market agenda: Comcast has received a fresh upgrade, and Applied Materials is absorbing a price target hike that analysts are characterizing as massive.
CNBC's Jim Cramer flagged both names as among his top ten market developments to monitor heading into the session.
The Comcast Upgrade An upgrade to Comcast signals a meaningful shift in sell-side conviction on the cable and media conglomerate.
For portfolio managers, upgrades carry weight less for the sentiment shift they represent than for the capital reallocations they trigger among funds tracking analyst consensus.
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