Pivotal Research lowered the firm’s price target on Liberty Broadband (LBRDK) to $128 from $129 and keeps a Buy rating on the shares. The analyst updated the company’s sum-of-the-parts post the “okay” Q3 results from Liberty’s “relatively small” Alaskan cable/telco assets. The firm still views Liberty Broadband as an attritive way to play Charter (CHTR).
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Read More on LBRDK:
- Liberty Broadband price target lowered to $108 from $109 at Deutsche Bank
- Liberty Broadband reports Q3 EPS $1.10, consensus $2.18
- Liberty Broadband price target lowered to $107 from $130 at Citi
- LBRDK Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Liberty Broadband price target raised to $130 from $113 at Citi