Information Provided By:
Fly News Breaks for June 13, 2019
CHTR
Jun 13, 2019 | 16:12 EDT
Rosenblatt analyst Bernie McTernan started Charter with a Buy rating and $480 price target, citing his view that operations could be entering a "bull case" scenario of broadband share gains and margin expansion. He expects free cash flow per share to grow nearly 20% per year through FY24, the analyst added in his initiation note.
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.