Charter price target raised to $525 from $435 at Pivotal Research
The Fly

Charter price target raised to $525 from $435 at Pivotal Research

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.

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