Information Provided By:
Fly News Breaks for August 14, 2017
SFTBF, VZ, S, ATCEY, CHTR
Aug 14, 2017 | 07:34 EDT
UBS analyst John Hodulik raised his price target on Charter to $450 from $380 following his review of potential strategic options for the company. The analyst looked at the increasing M&A speculation and said many of the options come with significantly higher leverage than its current ratio. He believes it can be increased and supported with free cash flow while maintaining its investment grade rating. Hodulik said applying a conservative multiple would suggest significant upside to the shares setting a possible floor for a suitor. Hodulik reiterated his Buy rating on Charter shares.
News For CHTR;ATCEY;S;VZ;SFTBF From the Last 2 Days
There are no results for your query CHTR;ATCEY;S;VZ;SFTBF