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CHTR

Charter

$389.75

8.73 (2.29%)

09:43
08/09/17
08/09
09:43
08/09/17
09:43

Altice working on potential bid to buy Charter, CNBC reports

  • 14

    Aug

CHTR Charter
$389.75

8.73 (2.29%)

07/31/17
JPMS
07/31/17
NO CHANGE
Target $450
JPMS
Overweight
Charter offer would likely have to be at least $500 per share, says JPMorgan
JPMorgan analyst Philip Cusick believes SoftBank (SFTBY) is one of the few companies that could offer a big enough price to take control of Charter Communications (CHTR). While a deal is not very likely, Softbank Chairman Masayoshi Son "is never to be counted out as a buyer," Cusick tells investors in a research note. He believes a Charter acquisition offer would likely have to be in the $500 per share or higher range. Charter shares in premarket trading are up $31.74 to $402 after the Wall Street Journal reported Friday night that SoftBank has interest in merging the company with Sprint. Cusick estimates annual synergies between Sprint (S) and Charter could be around $2B, with minimal cost to integrate versus a Sprint and T-Mobile (TMUS) merger "which would have more eventual cost savings but cost much more to integrate." A Sprint and Charter deal would not have a difficult regulatory review, the analyst believes. Cusick adds that if Charter looked like it was going to sell to Softbank, Comcast (CMCSA) would have to decide if it ever did want to buy Charter and "move more quickly with an even bigger premium."
08/03/17
GUGG
08/03/17
DOWNGRADE
GUGG
Neutral
Charter downgraded to Neutral from Buy at Guggenheim
Guggenheim analyst Michael Morris downgraded Charter to Neutral due to valuation and increased his price target to $400 from $370. The analyst expects incremental cost growth in 2018 and risk from higher financial leverage.
08/03/17
08/03/17
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Teva (TEVA) downgraded to Perform from Outperform at Oppenheimer with analyst Derek Archila saying he no longer sees a "clear path" for Teva to return to growth in a "timely manner" amid continued pricing pressure in U.S. generics. 2. Charter (CHTR) downgraded to Neutral from Buy at Guggenheim with analyst Michael Morris citing valuation and increased his price target to $400 from $370. 3. Allstate (ALL) downgraded to Hold from Buy at Deutsche Bank with analyst Joshua Shanker citing valuation. 4. Mattel (MAT) downgraded to Underperform from Neutral at DA Davidson with analyst Linda Bolton Weiser saying she left a recent management meeting with a more cautious outlook for the company's performance in the second half of 2017. 5. Lam Research (LRCX) downgraded to Neutral from Buy at Citi with analyst Atif Malik saying he's becoming more selective in the Semiconductor Capital Equipment space. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/07/17
RBCM
08/07/17
NO CHANGE
RBCM
Charter price target raised to $420 from $356 at RBC Capital
RBC Capital analyst Jonathan Atkin raised his price target on Charter as he says the company reported "strong" Q2 results, driven by improving subscriber trends. He remains upbeat on the company's outlook due to its synergy and capital return opportunities. Atkin keeps an Outperform rating on the shares.

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BASFY

BASF

$27.39

-0.13 (-0.47%)

04:55
11/24/17
11/24
04:55
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04:55
Conference/Events
BASF management to meet with Evercore ISI »

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  • 24

    Nov

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RBS

RBS

$7.30

-0.04 (-0.54%)

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Conference/Events
RBS management to meet with Jefferies »

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  • 24

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DE

Deere

$145.25

6.02 (4.32%)

09:53
11/23/17
11/23
09:53
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09:53
Upgrade
Deutsche Bank gets off sidelines, upgrades Deere shares to Buy »

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  • 28

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TSLA

Tesla

$312.60

-5.21 (-1.64%)

08:08
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08:08
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Tesla CEO highlights 'record time' on Australian ion battery »

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  • 16

    Jan

TSLA

Tesla

$312.60

-5.21 (-1.64%)

08:07
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Tesla completes construction on largest lithium ion battery in Australia »

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  • 16

    Jan

GSK

GlaxoSmithKline

$35.06

0.25 (0.72%)

, INVA

Innoviva

$13.42

0.01 (0.07%)

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GSK, Innoviva submit data to FDA for expanded Trelegy Ellipta label »

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GSK

GlaxoSmithKline

$35.06

0.25 (0.72%)

INVA

Innoviva

$13.42

0.01 (0.07%)

03/08/13
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SVM

Silvercorp Metals

$2.51

-0.07 (-2.71%)

07:52
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07:52
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Silvercorp Metals to buy back up to 5% of shares »

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CEL

Cellcom Israel

$10.00

-0.1 (-0.99%)

07:49
11/23/17
11/23
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Cellcom Israel now second layer company according to Concentration Law »

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GASS

StealthGas

$4.07

0.36 (9.70%)

07:06
11/23/17
11/23
07:06
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07:06
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StealthGas analyst commentary at Jefferies »

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CPRT

Copart

$41.01

4.31 (11.74%)

07:02
11/23/17
11/23
07:02
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07:02
Recommendations
Copart analyst commentary at Jefferies »

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  • 19

    Dec

DE

Deere

$145.25

6.02 (4.32%)

06:56
11/23/17
11/23
06:56
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06:56
Upgrade
Deere rating change at Deutsche Bank »

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  • 28

    Nov

DE

Deere

$145.25

6.02 (4.32%)

06:55
11/23/17
11/23
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06:55
Recommendations
Deere analyst commentary at Wells Fargo »

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  • 28

    Nov

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SECO

Seeco Holding

$8.34

0.14 (1.71%)

04:55
11/23/17
11/23
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04:55
Conference/Events
Seeco Holding management to meet with Jefferies »

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  • 23

    Nov

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Conference/Events
Deutsche Bank to hold a conference »

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