Cable One (CABO) PT Lowered to $650 at TD Cowen

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Go back to Cable One (CABO) PT Lowered to $650 at TD Cowen

Cable One (CABO) PT Lowered to $514 at JPMorgan, 'fears feel largely priced in'

February 27, 2024 5:43 AM EST

JPMorgan analyst Nikhil Aluru lowered the price target on Cable One (NYSE: CABO) to $514.00 (from $703.00) while maintaining a Neutral rating.

The analyst comments "We met with Cable One CFO Todd Koetje after the company reported 4Q23 results and discussed trends in the companys broadband business including the impacts of a volume-based strategy on financials, puts and takes to free cash flow, and how the company plans to position its balance sheet over the next few years.... More