Cablevision Systems Corporation CVC has plunged 7 percent this week. JP Morgan on Monday downgraded the stock from Neutral to Underweight, setting an $18 price target.
Shares closed Tuesday at $19.31.
Analysts at Citigroup are not fans either, and last issued a Neutral rating, while Wunderlich has a Hold for the stock.
A Larger Peer
Liberty Global, Inc. LBTYA LBTYB LBTYK, much larger in terms of market cap, is another pay-TV provider; All of the ratings it received over the second half of 2014 were positive.
Most recently, Citigroup reiterated a Buy rating, accompanied by a $57 price target. In the second half of December, JP Morgan assumed coverage on the stock with an Overweight and a $55 price target.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.