Charter Communications (CHTR) volatility low; Verizon (VZ) exploring possible combination with Charter, WSJ says

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Comcast's (CMCSA) Price Target Raised to $95 at Pivotal Research; Analyst Isn't Surprised by Charter (CHTR)/Verizon (VZ) Rumors

January 26, 2017 2:44 PM EST

Pivotal Research maintained a Buy rating on Comcast Corp (NASDAQ: CMCSA) and raised its price target to $95.00 (from $90.00). Analyst Jeffrey Wlodarczak characterized Q4 results as solid and commented on rumors that Verizon Communications (NYSE: VZ) is interested in a deal for Charter Communications (NASDAQ: CHTR).

Discussing the rumor, Wlodarczak said, "Overshadowing the solid result from CMCSA today, was the news that... More