B. Riley FBR analyst Zack Silver last night initiated coverage of CSG with a Buy rating and $51 price target. The analyst views the company an attractively valued relative to historical levels, "despite growing tailwinds and the potential for meaningful catalysts over the next 12 months." Announcing an expanded agreement with Charter Communications (CHTR), a potential near-term catalyst, could drive $5 in incremental per share equity value, Silver tells investors in a research note. Further, he sees continued double-digit growth in the company's "high-margin, cloud-based, digital monetization platform Ascendon."