On Nov 05, major Wall Street analysts update their ratings for $Charter Communications (CHTR.US)$, with price targets ranging from $315 to $525.
Morgan Stanley analyst Benjamin Swinburne maintains with a hold rating, and adjusts the target price from $360 to $415.
J.P. Morgan analyst Sebastiano Petti maintains with a hold rating, and adjusts the target price from $385 to $400.
BofA Securities analyst Jessica Reif Ehrlich upgrades to a buy rating, and adjusts the target price from $385 to $450.
Barclays analyst Kannan Venkateshwar maintains with a sell rating, and adjusts the target price from $300 to $315.
UBS analyst John Hodulik maintains with a hold rating, and adjusts the target price from $325 to $385.
Furthermore, according to the comprehensive report, the opinions of $Charter Communications (CHTR.US)$'s main analysts recently are as follows:
The firm maintains a Neutral stance on Charter shares, citing ongoing competition and projections for decelerating EBITDA growth by 2025. The expectation is for consistent EBITDA growth in the fourth quarter, as positive effects from price hikes and profitable political advertising may be somewhat neutralized by the impact of hurricanes. Looking ahead to 2025, the landscape is anticipated to become more difficult as the influence of political advertising recedes and competitive challenges persist.
The firm anticipates that Charter's customer trends in 2025 will exceed those in 2024, providing a tailwind for the company. The extent of this positive impact will hinge on Charter's capacity to slightly raise its adjusted EBITDA growth, potentially transforming its leverage from a risk to a favorable investment aspect.
Charter's Q3 results exceeded expectations in terms of subscriber metrics and financial performance. The management has indicated that there will be an estimated 100K ACP internet losses in Q4, which they believe will be the final one-off effect stemming from the ACP funding unwind.
Backing out seasonal or one-time benefits reveals a significant improvement in underlying broadband net additions. The expectation is that momentum will accelerate due to the appealing pricing and bundling of the newly introduced 'Life Unlimited' marketing strategy. Additionally, there is a notable moderation in capital expenditure forecasts, and management's indication that BEAD spending will be 'substantially less' than RDOF expenditure considerably mitigates the risk associated with projections for the upcoming years.
The outlook for Charter has improved, with expectations for increased net additions and financials. Additionally, more pessimistic scenarios regarding subscribers and free cash flow are now considered less likely. Despite these improvements, a full structural reevaluation is not supported at this time due to the ongoing unpredictability in broadband trends.
Here are the latest investment ratings and price targets for $Charter Communications (CHTR.US)$ from 10 analysts:
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美東時間11月5日，多家華爾街大行更新了$特許通訊 (CHTR.US)$的評級，目標價介於315美元至525美元。
摩根士丹利分析師Benjamin Swinburne維持持有評級，並將目標價從360美元上調至415美元。
摩根大通分析師Sebastiano Petti維持持有評級，並將目標價從385美元上調至400美元。
美銀證券分析師Jessica Reif Ehrlich上調至買入評級，並將目標價從385美元上調至450美元。
巴克萊銀行分析師Kannan Venkateshwar維持賣出評級，並將目標價從300美元上調至315美元。
瑞士銀行分析師John Hodulik維持持有評級，並將目標價從325美元上調至385美元。
此外，綜合報道，$特許通訊 (CHTR.US)$近期主要分析師觀點如下：
公司對Charter股票保持中立立場，指出持續的競爭和2025年EBITDA增長趨緩的預測。預期第四季度EBITDA將保持穩定增長，由於價格上漲和盈利政治廣告的積極影響可能會被颶風的影響所中和。展望2025年，預計景觀將變得更加困難，因爲政治廣告的影響會減弱，競爭性挑戰仍將持續。
公司預期2025年Charter的客戶趨勢將超過2024年，爲公司提供了有利助力。這種正面影響的程度將取決於Charter略微提高其調整後的EBITDA增長能力，潛在地將其槓桿從風險轉變爲有利的投資方面。
在訂閱用戶數和財務表現方面，Charter的第三季度結果超出預期。管理層表示，預計在第四季度將有約10萬ACP互聯網用戶流失，他們認爲這將是源自ACP資金解除的最後一次一次性影響。
排除季節性或一次性收益後，基礎寬帶淨增加顯著改善。預計由於新推出的「無限生活」營銷策略的吸引力定價和捆綁，動能將加速。此外，資本支出預測明顯減少，管理層表示，BEAD支出將明顯低於RDOF支出，大大減輕了對未來幾年預測所帶來的風險。
Charter的前景已經改善，預計淨增加和財務業績將提升。此外，現在更悲觀的關於訂閱用戶數和自由現金流的情景現在被認爲不太可能發生。儘管這些改進，由於寬帶趨勢的持續不可預測性，目前不支持進行全面的結構性重新評估。
以下爲今日10位分析師對$特許通訊 (CHTR.US)$的最新投資評級及目標價：
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