On Nov 04, 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.
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.
Wells Fargo analyst Steven Cahall maintains with a hold rating, and adjusts the target price from $260 to $400.
Pivotal Research analyst Jeffrey Wlodarczak maintains with a buy rating, and adjusts the target price from $435 to $525.
Furthermore, according to the comprehensive report, the opinions of $Charter Communications (CHTR.US)$'s main analysts recently are as follows:
The firm maintains a stance of neutrality on the shares, citing ongoing competition and projections of decelerating EBITDA growth in 2025. The expectation is for EBITDA growth in Q4 to mirror previous quarters, with the advantages of price hikes and profitable political advertising being somewhat counterbalanced by the impact of hurricanes. However, a more difficult environment is anticipated for 2025 due to the dissipation of political advertising benefits and persistent competition.
The firm anticipates Charter's customer trends to show improvement in 2025 compared to 2024, which is expected to act as a tailwind. The extent of this positive impact will hinge on Charter's capability to modestly increase its adjusted EBITDA growth, transforming its leverage from being perceived as an investment risk to becoming an investment positive.
The outlook for Charter has seen an improvement, leading to an increase in the forecast for net additions and financials. The likelihood of more pessimistic scenarios regarding subscriptions and free cash flow is now deemed to be lower. Despite these positive indicators, a full structural reevaluation remains premature due to the ongoing unpredictability of broadband trends.
Here are the latest investment ratings and price targets for $Charter Communications (CHTR.US)$ from 5 analysts:
Note:
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