Analysts Raise Charter Communications' Price Target Post Q2 Earnings Beat

August 2, 2021 7:56 AM | 1 min read |

Keybanc retained Overweight on Charter Communications Inc CHTR and raised the price target to $869, implying a 16.8% upside.
Pivotal Research analyst Jeffrey Wlodarczak raised the price target to $820 from $800, implying a 10.2% upside, and affirmed a Buy rating.
Charter reported a strong, materially better than expected Q2 result, Wlodarczak notes.
He continues to believe the market underestimates the advantage/still material upside from Charter controlling the dominant fixed methodology that consumers access the Internet in the vast majority of its footprint.
Price action: CHTR shares closed higher by 4.24% at $744.05 on Friday.