On Nov 05, major Wall Street analysts update their ratings for $Charter Communications (CHTR.US)$, with price targets ranging from $315 to $525.
Morgan Stanley analyst Benjamin Swinburne maintains with a hold rating, and adjusts the target price from $360 to $415.
J.P. Morgan analyst Sebastiano Petti maintains with a hold rating, and adjusts the target price from $385 to $400.
BofA Securities analyst Jessica Reif Ehrlich upgrades to a buy rating, and adjusts the target price from $385 to $450.
Barclays analyst Kannan Venkateshwar maintains with a sell rating, and adjusts the target price from $300 to $315.
UBS analyst John Hodulik maintains with a hold rating, and adjusts the target price from $325 to $385.
Furthermore, according to the comprehensive report, the opinions of $Charter Communications (CHTR.US)$'s main analysts recently are as follows:
The firm maintains a Neutral stance on Charter shares, citing ongoing competition and projections for decelerating EBITDA growth by 2025. The expectation is for consistent EBITDA growth in the fourth quarter, as positive effects from price hikes and profitable political advertising may be somewhat neutralized by the impact of hurricanes. Looking ahead to 2025, the landscape is anticipated to become more difficult as the influence of political advertising recedes and competitive challenges persist.
The firm anticipates that Charter's customer trends in 2025 will exceed those in 2024, providing a tailwind for the company. The extent of this positive impact will hinge on Charter's capacity to slightly raise its adjusted EBITDA growth, potentially transforming its leverage from a risk to a favorable investment aspect.
Charter's Q3 results exceeded expectations in terms of subscriber metrics and financial performance. The management has indicated that there will be an estimated 100K ACP internet losses in Q4, which they believe will be the final one-off effect stemming from the ACP funding unwind.
Backing out seasonal or one-time benefits reveals a significant improvement in underlying broadband net additions. The expectation is that momentum will accelerate due to the appealing pricing and bundling of the newly introduced 'Life Unlimited' marketing strategy. Additionally, there is a notable moderation in capital expenditure forecasts, and management's indication that BEAD spending will be 'substantially less' than RDOF expenditure considerably mitigates the risk associated with projections for the upcoming years.
The outlook for Charter has improved, with expectations for increased net additions and financials. Additionally, more pessimistic scenarios regarding subscribers and free cash flow are now considered less likely. Despite these improvements, a full structural reevaluation is not supported at this time due to the ongoing unpredictability in broadband trends.
Here are the latest investment ratings and price targets for $Charter Communications (CHTR.US)$ from 10 analysts:
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美東時間11月5日，多家華爾街大行更新了$特許通訊 (CHTR.US)$的評級，目標價介於315美元至525美元。
摩根士丹利分析師Benjamin Swinburne維持持有評級，並將目標價從360美元上調至415美元。
摩根大通分析師Sebastiano Petti維持持有評級，並將目標價從385美元上調至400美元。
美銀證券分析師Jessica Reif Ehrlich上調至買入評級，並將目標價從385美元上調至450美元。
巴克萊銀行分析師Kannan Venkateshwar維持賣出評級，並將目標價從300美元上調至315美元。
瑞士銀行分析師John Hodulik維持持有評級，並將目標價從325美元上調至385美元。
此外，綜合報道，$特許通訊 (CHTR.US)$近期主要分析師觀點如下：
該公司對Charter股票維持中立立場，原因是持續的競爭以及對到2025年減速的EBITDA增長的預期。預計第四季度的EBITDA增長將保持穩定，因爲價格上漲和盈利政治廣告的積極影響可能會在颶風的影響下略微中立化。展望2025年，面臨變得更加困難的前景，預計政治廣告的影響將減弱，競爭挑戰將持續。
該公司預計2025年Charter的客戶趨勢將超過2024年，爲公司提供了有利支撐。這種積極影響的程度將取決於Charter略微提高其調整後的EBITDA增長能力，可能會將其槓桿率從風險轉變爲有利的投資因素。
Charter在訂閱用戶指標和財務表現方面超出了預期。管理層指出，預計第四季度將有約10萬ACP互聯網用戶流失，他們認爲這將是由ACP融資解除帶來的最後一次一次性影響。
淘汰季節性或一次性收益後，基礎寬帶淨增長顯著改善。預計勢頭將加快，原因是新推出的「生活無限」的營銷策略的吸引定價和捆綁效果。此外，資本支出預測明顯減少，管理團隊表示，BEAD支出將遠低於RDOF支出，這極大地減輕了對未來幾年預測風險的擔憂。
對Charter的展望已經改善，預計淨增加和財務狀況將提高。此外，關於訂閱用戶數和自由現金流的悲觀情景現在被認爲不太可能發生。儘管有這些改善，由於寬帶趨勢的持續不可預測性，目前不支持進行全面結構重新評估。
以下爲今日10位分析師對$特許通訊 (CHTR.US)$的最新投資評級及目標價：
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