UBS analyst John Hodulik maintains $Charter Communications (CHTR.US)$ with a hold rating, and adjusts the target price from $325 to $385.
According to TipRanks data, the analyst has a success rate of 64.6% and a total average return of 9.0% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Charter Communications (CHTR.US)$'s main analysts recently are as follows:
Sustained competition and the anticipation of decelerating EBITDA growth in 2025 are factors influencing the share's outlook. It is projected that EBITDA growth in Q4 will mirror previous quarters, with the positive effects of price increments and profitable political advertising being partially neutralized by the impacts of hurricanes. Looking forward, the scenario is expected to become more demanding in 2025 as the influence of political advertising recedes and competitive pressures persist.
The expectation is that Charter's customer trends in 2025 will surpass those of 2024, providing a potential tailwind. The extent of this positive influence will hinge on Charter's capacity to modestly elevate its adjusted EBITDA growth to a point where its leverage transitions from being an investment risk to becoming an investment asset.
Excluding temporary or unique advantages, the underlying growth in broadband additions has seen a significant improvement. It is anticipated that the momentum will increase due to the compelling pricing and bundling of the newly introduced 'Life Unlimited' marketing approach. Additionally, the outlook for capital expenditures is becoming more moderate, and management's indication that BEAD expenditure will be considerably lower than RDOF substantially mitigates the risk to forecasts for the upcoming years.
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