TD Cowen raised the firm’s price target on Rogers Communications (RCI) to C$64 from C$62 and keeps a Buy rating on the shares. The firm said the company healthily beat the Street’s low expectations on a number of metrics, except ARPU and wireless service revenue. Strengthening wireless industry fundamentals point to wireless service revenue growth moving forward and stabilizing ARPU through H2 2026.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RCI:
- Positive Outlook for Rogers Communications: Strong Q3 Performance and Strategic Initiatives Drive Buy Rating
- Rogers Communications Reports Strong Q3 2025 Results
- Rogers Communications Shines in Earnings Call Amid Challenges
- Rogers Communications reports Q3 adjusted EPS C$1.37 vs C$1.42
- Is RCI a Buy, Before Earnings?