UBS Downgrades Altice USA to Neutral, Lowers Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
UBS analyst John Hodulik has downgraded Altice USA (NYSE:ATUS) from Buy to Neutral and lowered the price target from $4 to $2.
August 02, 2024 | 11:28 am
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UBS analyst John Hodulik downgraded Altice USA from Buy to Neutral and lowered the price target from $4 to $2.
The downgrade from Buy to Neutral and the significant reduction in the price target from $4 to $2 by a reputable analyst at UBS is likely to negatively impact investor sentiment and the short-term stock price of Altice USA.
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