Rosenblatt Downgrades Charter Communications to Neutral, Lowers Price Target to $335
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Barton Crockett downgrades Charter Communications (CHTR) from Buy to Neutral and lowers the price target from $472 to $335.
February 20, 2024 | 7:22 pm
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NEGATIVE IMPACT
Charter Communications was downgraded from Buy to Neutral by Rosenblatt analyst Barton Crockett, with a significant reduction in the price target from $472 to $335.
The downgrade from Buy to Neutral and the substantial decrease in price target by a reputable analyst could lead to a negative short-term sentiment among investors, potentially causing a decrease in CHTR's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100