These Analysts Revise Price Targets On Charter Communications Following Downbeat Q4 Earnings

Charter Communications CHTR reported worse-than-expected Q4 results.

Charter Communications reported quarterly revenue growth of 3.5% year-on-year to $13.67 billion, narrowly missing the consensus of $13.72 billion. EPS of $7.69 missed the consensus of $8.79.

Charter Communications shares fell 0.5% to $392.55 in pre-market trading after dropping 3.9% on Friday

These analysts made changes to their price targets on Charter Communications following the release of results.

• Keybanc cut the price target on Charter Communications from $580 to $540. Keybanc analyst Brandon Nispel maintained an Overweight rating on the stock.
• Credit Suisse raised the price target on the stock from $541 to $606. Credit Suisse analyst Douglas Mitchelson maintained the stock with an Outperform.
• Wells Fargo increased the price target on Charter Communications from $340 to $410. Wells Fargo analyst Steven Cahall maintained the stock with an Equal-Weight.

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