Keybanc Maintains Overweight Rating for Cable One: Here's What You Need To Know

Keybanc has decided to maintain its Overweight rating of Cable One CABO and lower its price target from $1896.00 to $1725.00.

Shares of Cable One are trading down 4.77% over the last 24 hours, at $1372.96 per share.

A move to $1725.00 would account for a 25.64% increase from the current share price.

About Cable One

Cable One Inc is a telecommunications company. It derives revenue from the provision of broadband, voice, and video services to residential and business customers. From a product perspective, the majority of revenue is sourced from data and video services. This revenue is subscription-based and billed monthly. Cable One also derives advertising revenue from selling airtime on its video channels. Voice services are offered over Internet protocols. The company owns a telecommunications infrastructure.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.