Charter Communications (CHTR) PT Lowered at Bernstein, Reflecting 'Greater BB Losses'

Bernstein SocGen Group analyst Laurent Yoon lowered the price target on Charter Communications (NASDAQ: CHTR) to $350.00 (from $380.00) while maintaining an Outperform rating.

The analyst commented: "Despite the ongoing negative sentiment and mounting pressure from intensifying competition, we maintain our Outperform rating for Charter. However, we are adjusting our PT to reflect greater BB losses and prolonged competition from FWA, which are likely to delay recovery and increase marketing costs for Charter. Our thesis is based on stable to growing revenue and EBITDA, while substantially increasing FCF as Capex declines in ‘26 and more substantially in ‘27."

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