Fly News Breaks for November 13, 2019
CHTR, GLIBA
Nov 13, 2019 | 06:17 EDT
Citi analyst Michael Rollins upgraded GCI Liberty (GLIBA) to Buy from Neutral with a price target of $80, up from $76. The analyst cites valuation for the upgrade following the recent underperformance of the shares. He sees a net asset value discount of about 17% when measured against underlying Charter (CHTR) shares. Rollins has a positive view on the contributing value of Charter plus improving the underlying GCI operating performance.
News For GLIBA;CHTR From the Last 2 Days