Wells Fargo Maintains Equal-Weight on Charter Communications, Lowers Price Target to $260
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Steven Cahall has maintained an Equal-Weight rating on Charter Communications (NASDAQ:CHTR) and lowered the price target from $290 to $260.
April 29, 2024 | 5:59 pm
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Wells Fargo has maintained its Equal-Weight rating on Charter Communications but reduced the price target from $290 to $260.
The reduction in price target by Wells Fargo suggests a more cautious outlook on Charter Communications' stock value in the short term, potentially leading to a negative impact on its stock price as investors adjust their expectations.
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