While stocks across the media sector, including notables like Disney, Warner Bros.
The ad market has remained soft, the exec said.
We continue to think its due to the general uncertainty about economic conditions that are out there.
Comcast headquarters in PhiladelphiaWilliam Thomas Cain/Getty Images
Some of that will revert, we believe, once the strikes are over.
In a note to clients headlined, Can Video Be Saved?
Laurent Yoon of Bernstein Research believes the broadband story has plenty of upside despite the near-term setback.
Net-net, we still like the broadband business as it continues to carry the weight for the firm.
Yoon rates the stock market perform (neutral), with a price target of $46.
