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Altice USA price target raised to $3 from $2.50 at Citi
The Fly

Altice USA price target raised to $3 from $2.50 at Citi

Citi raised the firm’s price target on Altice USA (ATUS) to $3 from $2.50 and keeps a Buy rating on the shares. The firm sees opportunities for the company to improve its operations, reduce costs, stabilize financial leverage, monetize non-core assets, and retain “positive strategic optionality to be a possible seller if the cable category were to consolidate further.”

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