Deutsche Bank analyst Bryan Kraft raised his price target for Charter Communications to $400 saying the growth story remains intact even though the company's Q4 results revealed weaker than expected subscriber trends in the legacy Time Warner Cable operations. The purging of the low-end customers will pressure subscriber and revenue growth in 2017, but this does not change the revenue growth rate in 2018 and beyond, Kraft tells investors in a post-earnings research note. He believes the rollout of Charter's Spectrum packaging and pricing is already driving strong connect activity. The analyst keeps a Buy rating on the shares.