Information Provided By:
Fly News Breaks for August 29, 2019
WOW, GLIBA, CABO
Aug 29, 2019 | 10:15 EDT
B. Riley FBR analyst Zack Silver remains bullish on U.S. cable stocks over the balance of 2019 and reiterates Buy ratings on Cable One (CABO), GCI Liberty (GLIBA) and WideOpenWest (WOW). He raised his price target for Cable One to $1,400 from $1,250 on higher long-term broadband average revenue per user growth assumptions. Further, the analyst sees no reason to assume the company's current multiple compresses over the next 12 months. He also bumped up his price target for GCI to $73 from $72. And for investors without liquidity constraints, Silver sees a "compelling opportunity" in WideOpenWest. A "growing cable operator trading at a deep discount," WideOpenWest could start re-rating by Q4 of this year, the analyst tells investors in a research note.
News For CABO;GLIBA;WOW From the Last 2 Days
CABO
Apr 17, 2024 | 18:28 EDT
Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGSBank... To see the rest of the story go to thefly.com. See Story Here