Pivotal Research raised the firm’s price target on Charter (CHTR) to $525 from $435 and keeps a Buy rating on the shares. Charter reported a materially better than expected Q3 results “across the board,” highlighted by evidence that cable data losses may be bottoming out, the analyst tells investors in a research note. The firm says the company has a “best in class” fixed data offering and trades at well under replacement value.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CHTR: