Barclays Maintains Underweight on Charter Communications, Raises Price Target to $325
Portfolio Pulse from jenniferd'souza@benzinga.com
Barclays analyst Kannan Venkateshwar has maintained an Underweight rating on Charter Communications (NASDAQ:CHTR) and raised the price target from $273 to $325.
July 31, 2023 | 10:16 am
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Barclays has maintained an Underweight rating on Charter Communications, but raised the price target from $273 to $325.
The Underweight rating maintained by Barclays suggests that the firm believes CHTR's stock may underperform the market or its sector in the short term. However, the raised price target indicates an expectation of potential upside in the longer term. This mixed signal could lead to short-term price volatility.
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