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Fly News Breaks for August 15, 2017
CHTR
Aug 15, 2017 | 08:01 EDT
Wells Fargo says it's "having a tough time buying into" rumors about Charter being acquired. The firm says that restrictions which have been placed on the company's debt are the biggest reason for its skepticism about the rumors. Wells keeps a Market Perform rating on Charter.
News For CHTR From the Last 2 Days
CHTR
Mar 28, 2024 | 06:55 EDT
UBS lowered the firm's price target on Charter to $325 from $360 and keeps a Neutral rating on the shares. The firm expects Q1 results to reflect higher broadband subscriber losses as Affordable Connectivity Program gross adds slow while revenues and EBITDA grow 0.4% and 1.7%, respectively, supported by price increases and easier cost comparisons, the analyst tells investors in a research note.