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Fly News Breaks for June 1, 2016
CHTR
Jun 1, 2016 | 07:26 EDT
Raymond James analyst Frank Louthan upgraded Charter to Strong Buy and increased its price target to $280 from $267.65 following the close of its Time Warner Cable and Bright House acquisitions on May 18. The analyst views the recent pullback in Charter shares as an attractive buying opportunity and raised estimates for 2017 as he believes synergies will materialize sooner.
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