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Charter price target lowered to $500 from $525 at TD Cowen

Charter price target lowered to $500 from $525 at TD Cowen

TD Cowen lowered the firm’s price target on Charter (CHTR) to $500 from $525 and keeps a Buy rating on the shares. The firm said they posted inline results as Broadband sub losses were better than feared. The noted the company is launching a new pricing and packaging, targeting 2025 EBITDA growth, and updated its long-term capex plan.

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