Citigroup Maintains Neutral on Charter Communications, Lowers Price Target to $280
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Michael Rollins maintains a Neutral rating on Charter Communications (NASDAQ:CHTR) and lowers the price target from $300 to $280.
April 29, 2024 | 4:19 pm
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NEGATIVE IMPACT
Citigroup maintains a Neutral rating on Charter Communications and lowers the price target from $300 to $280.
The reduction in the price target by Citigroup reflects a negative outlook on Charter Communications' stock value in the short term. This adjustment suggests that the analyst sees less upside potential for the stock, which could influence investor sentiment and potentially lead to a decrease in stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100