Benchmark Maintains Buy on Charter Communications, Lowers Price Target to $440
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Matthew Harrigan has maintained a Buy rating on Charter Communications (NASDAQ:CHTR) but has lowered the price target from $490 to $440.

February 05, 2024 | 6:27 pm
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Benchmark analyst Matthew Harrigan maintains a Buy rating on Charter Communications but lowers the price target from $490 to $440.
While the maintenance of a Buy rating indicates a positive outlook on the company, the reduction in the price target could signal a tempered expectation for the stock's short-term performance. This mixed signal might lead to a neutral short-term impact on the stock price as investors weigh the positive rating against the lowered price target.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100