Wells Fargo lowers its stock price targets for Comcast and Charter Communications, citing concerns related to broadband performance. In separate actions, the firm reduces the target on Comcast, and also cuts the target on Charter, pointing to weakness in the broadband segment as a key driver for the changed outlook. While specific figures and rating changes are not provided in the supplied excerpts, both updates reflect a similar theme: investor expectations for broadband-related results appear to be under pressure. The moves indicate that Wells Fargo is factoring in softer conditions or slower progress tied to broadband demand, competition, or service performance, which can affect revenue growth and profitability for large cable and communications providers. The updates are presented as target adjustments rather than allegations or confirmed adverse events, and they reflect the firm’s reassessment of expected fundamentals for each company’s broadband business. Overall, the updates highlight market sensitivity to broadband trends for major U.S. broadband operators.