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Fly News Breaks for June 14, 2019
ATUS
Jun 14, 2019 | 05:23 EDT
Pivotal Research analyst Jeffrey Wlodarczak raised his price target for Altice USA to $32 from $28 and says he sees "plenty of room" for the stock to move higher. The analyst views his new target as conservative. He expects "another solid" Q2 report as Altice management "continues to deliver despite a relatively lean relative cost structure." Wlodarczak views the recent relative weakness in the stock as an opportunity and keeps a Buy rating on the name.
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