Loading...
Loading...
- RBC Capital analyst Kutgun Maral upgraded Charter Communications Inc CHTR to Outperform from Sector Perform with a price target of $690, down from $770, implying an upside of 20%.
- The analyst contends that the competitive threats to cable operators across broadband with telco fiber and fixed wireless assigned by the Street's negativity has become "too punitive."
- Maral adds that the sell-off in Charter shares since August presents an "attractive entry-point."
- Price Action: CHTR shares traded higher by 1.3% at $577.10 on the last check Monday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
|---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
