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Shares of Charter Communications Inc (NASDAQ:CHTR) were trading higher on Thursday, after declining by nearly 6% over the past five trading sessions.
The company’s capex is set to peak in 2025, resulting in free cash flow growth, according to KeyBanc Capital Markets.
Analyst Brandon Nispel upgraded the rating for Charter Communications from Sector Weight to Overweight while establishing the price target at $500.
The Charter Communications Thesis: The company is likely to generate “modestly better underlying Broadband subscriber trends” in 2025, while Rural net …
Full story available on Benzinga.com
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