Market Overview

UPDATE: Morgan Stanley Reiterates Overweight Rating, Raises PT on Charter Communications

Share:
Related CHTR
Telecom Earnings Preview: Verizon And AT&T Report Results In The Week Ahead
Don't Expect Viacom Shares To Outperform While Charter Negotiations Ongoing

In a report published Wednesday, Morgan Stanley reiterated its Overweight rating on Charter Communications (NASDAQ: CHTR), and raised its price target from $78.00 to $80.00.

Morgan Stanley noted, “We project industry-leading EBITDA growth and falling capex to roughly triple FCF/shr from '11 to '14E to ~$9/shr. We expect sub acceleration seen in 1Q to continue as CHTR executes on its operating turnaround, with improving financials in 2H12 & ‘13.”

Charter Communications closed on Tuesday at $73.07.

Latest Ratings for CHTR

DateFirmActionFromTo
Aug 2017GuggenheimDowngradesBuyNeutral
Aug 2017BarclaysMaintainsEqual-Weight
Jul 2017Deutsche BankMaintainsBuy

View More Analyst Ratings for CHTR
View the Latest Analyst Ratings

Posted-In: Morgan StanleyAnalyst Color Price Target Analyst Ratings

 

Related Articles (CHTR)

View Comments and Join the Discussion!
Loading...

Partner Center

Loading...