A Glimpse Into The Expert Outlook On Charter Communications Through 8 Analysts
Portfolio Pulse from Benzinga Insights
Charter Communications (NASDAQ:CHTR) received mixed ratings from 8 analysts in the past three months, with 4 bullish and 4 indifferent ratings. The average 12-month price target is $484.75, down from the previous $511.71, with a high estimate of $600.00 and a low of $425.00. Analysts from firms including Rosenblatt, Benchmark, Citigroup, Morgan Stanley, Goldman Sachs, and Bernstein have adjusted their price targets and ratings, reflecting changes in market conditions and company performance. Charter's financials show strong market recognition, revenue growth, profitability, and asset utilization, but also highlight challenges in debt management.
December 22, 2023 | 6:00 pm
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Charter Communications has a mixed outlook from analysts, with a lowered average price target suggesting cautious sentiment. Financials indicate growth and profitability, but debt levels are a concern.
The mixed analyst ratings and the decrease in the average price target could lead to uncertainty in the short term, potentially causing a neutral impact on CHTR's stock price. The company's strong financial indicators may balance out the negative sentiment from the high debt levels, leading to a neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100