Altice USA price target lowered to $3.50 from $6 at TD Cowen

TD Cowen lowered the firm’s price target on Altice USA (ATUS) to $3.50 from $6 and keeps a Buy rating on the shares. The firm said they posted mixed 3Q24 results with good fiber adds, good mobile, bullish new near-term targets, but downside EBITDA.