TD Cowen raised the firm’s price target on Charter (CHTR) to $520 from $500 and keeps a Buy rating on the shares. The firm noted they posted in-line revenue, upside EBITDA, outsized buybacks, and downside BB sub losses but better-than-feared following the Comcast (CMCSA) losses. It’s still early days with the Life Unlimited branding and packaging revamp, but mgmt. is confident in market traction for eventual BB sub growth.
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