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Fly News Breaks for February 3, 2020
CHTR
Feb 3, 2020 | 09:12 EDT
Wells Fargo analyst Jennifer Fritzsche raised her price target for Charter to $500 from $450 after the company reported a "very strong" Q4, with financial metrics coming in well ahead of her expectations. The analyst expects growth trends in 2020 to be similar, with about 5% top-line and 6% EBITDA growth, as political advertising revenue ramps and broadband retains its momentum, despite a slowdown in its linear video segment. Fritzsche keeps an Equal Weight on the shares.
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