In a report released today, Jeffrey Wlodarczak from Pivotal Research reiterated a Buy rating on Liberty Broadband (LBRDK – Research Report), with a price target of $130.00.
Jeffrey Wlodarczak’s rating is based on a combination of factors including the positive fourth-quarter results from Liberty Broadband’s GCI Alaskan cable and telecom assets, which exceeded expectations. These assets are set to be spun off to shareholders as part of a merger with Charter Communications, which also holds a Buy rating.
Despite a conservative reduction in the target valuation for GCI, the overall outlook remains positive due to the strategic merger with Charter. This merger is expected to enhance Liberty Broadband’s market position, justifying the Buy rating. The target price for Liberty Broadband has been adjusted to $130 by the end of 2025, reflecting these strategic developments.
According to TipRanks, Wlodarczak is a 4-star analyst with an average return of 3.4% and a 54.12% success rate. Wlodarczak covers the Communication Services sector, focusing on stocks such as Charter Communications, Comcast, and Meta Platforms.