JP Morgan Downgrades Altice USA to Underweight
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Sebastiano Petti downgrades Altice USA (NYSE:ATUS) from Neutral to Underweight, indicating a bearish outlook on the stock.

April 11, 2024 | 11:43 am
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NEGATIVE IMPACT
Altice USA downgraded by JP Morgan from Neutral to Underweight, suggesting a negative short-term outlook.
The downgrade by a prominent analyst at JP Morgan directly impacts investor perception and could lead to a decrease in stock price in the short term. The move from Neutral to Underweight signifies a bearish stance on the company's near-term prospects.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100