Rosenblatt Maintains Buy on Charter Communications, Lowers Price Target to $472
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Barton Crockett maintains a Buy rating on Charter Communications (CHTR) but lowers the price target from $475 to $472.

February 06, 2024 | 6:06 pm
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NEUTRAL IMPACT
Rosenblatt maintains a Buy rating on Charter Communications but lowers the price target from $475 to $472.
The slight reduction in price target by Rosenblatt from $475 to $472, while maintaining a Buy rating, suggests a minor adjustment in valuation rather than a fundamental change in the company's outlook. This adjustment is likely based on recent market conditions or minor changes in financial projections. Given the maintained Buy rating, the overall positive outlook on CHTR remains, indicating that the impact on the stock price in the short term may be neutral to slightly positive as the market absorbs this minor adjustment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100