Morgan Stanley raised the firm’s price target on Charter (CHTR) to $415 from $360 and keeps an Equal Weight rating on the shares. The firm continues to expect Charter’s customer trends in 2025 to be better than 2024, which it says will be a tailwind. How much of one will depend on Charter’s ability to inch up its adjusted EBITDA growth to levels that “flip its leverage from an investment risk to an investment positive,” the analyst tells investors.
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