KeyBanc Upgrades Cable One (CABO) to Overweight

KeyBanc analyst Brandon Nispel upgraded Cable One (NYSE: CABO) from Sector Weight to Overweight with a price target of $1,025.00.

The analyst comments "CABO's story remains relatively unknown and underappreciated by investors, but the strong strategic positioning and aggressive operating model are evident in its adj. EBITDA and FCF margin profile. Further, its rural footprint makes it unlikely for new threats to emerge. With a pullback from recent highs, we see an attractive entry point for this mid-cap cable company."

For an analyst ratings summary and ratings history on Cable One click here. For more ratings news on Cable One click here.

Shares of Cable One closed at $850.58 yesterday.

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