SunTrust analyst Greg Miller raised his price target on Charter to $495 and kept his Buy rating after its "solid" Q3 results that were highlighted by "better than expected high speed data sub additions". The analyst further notes that the quarter bodes well for continued high-single-digit growth in high margin subscribers that should "more than offset" accelerating declines in the company's video business to "Over-the-Top like platforms", which has also weighed on the overall industry.
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