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Fly News Breaks for November 13, 2019
CHTR, LBRDA
Nov 13, 2019 | 08:28 EDT
Deutsche Bank analyst Bryan Kraft raised his price target for Liberty Broadband (LBRDA) to $140 from $117 and keeps a Buy rating on the shares. The analyst continues to see "healthy potential upside" in underlying Charter (CHTR) shares, with an opportunity, over time, for Charter and Liberty "to collapse the ownership structure" and tax-efficiently distribute the equity stake in Charter to Liberty Broadband shareholders.