Credit Suisse analyst Douglas Mitchelson upgraded Charter Communications to Outperform from Neutral with a price target of $600, up from $520. Given the company's Q4 results and management commentary, the analyst has increased confidence in Charter's 2020-1021 outlook, including faster growth for broadband customers, margin expansion, and free cash flow generation. He now sees scope for ~$60B of stock buybacks the next four years versus the company's ~$120B market cap. "Outsized" EBITDA and free cash flow growth will lead to ~20% share upside in 2020, Mitchelson tells investors in a research note.

Notable companies reporting before tomorrow's open, with earnings consensus, include Exxon Mobil (XOM), consensus $2.20... Chevron (CVX), consensus $2.87... AbbVie (ABBV), consensus $2.23... HCA Healthcare (HCA), consensus $5.01... Colgate-Palmolive (CL), consensus 81c... Charter (CHTR), consensus $7.92... AutoNation (AN), consensus $4.27.