TD Cowen Maintains Hold on Cable One, Lowers Price Target to $456
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Gregory Williams maintains a Hold rating on Cable One (NYSE:CABO) and lowers the price target from $650 to $456.
May 03, 2024 | 8:41 pm
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TD Cowen maintains a Hold rating on Cable One and reduces the price target from $650 to $456.
The reduction in price target by TD Cowen suggests a bearish outlook on Cable One's stock value in the short term, likely due to revised expectations of the company's future financial performance or market position. This significant decrease in the price target could lead to a negative investor sentiment and potentially a decrease in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100