Wells Fargo lowered the firm’s price target on Charter to $260 from $290 and keeps an Equal Weight rating on the shares. The firm thinks the setup for Charter implies less downside risk and some woes priced in. However, estimates have higher uncertainty, Wells adds in a research note on Friday.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CHTR: