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Altice USA price target lowered to $3 from $3.25 at Citi

Altice USA price target lowered to $3 from $3.25 at Citi

Citi lowered the firm’s price target on Altice USA to $3 from $3.25 and keeps a Buy rating on the shares. The analyst anticipates Altice USA will report in-line Q2 financials, saying the company continues to restructure its marketing strategy to improve the longer-term opportunities to further monetize its broadband services.

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