Charter price target lowered to $385 from $415 at Morgan Stanley

TipRanks

Thu, Apr 10, 2025, 7:41 AM 1 min read

Morgan Stanley analyst Benjamin Swinburne lowered the firm’s price target on Charter (CHTR) to $385 from $415 and keeps an Equal Weight rating on the shares. The firm estimates that better-than-expected Q4 U.S. wireless net additions partially reversed in a more competitive Q1, but sees quarterly fluctuations as “still consistent with a healthy industry offering defensive earnings growth,” the analyst tells investors in a note on the group. The firm trimmed its broadband net adds at Charter, reflecting risk in the LA market following fires. The firm adds that AT&T (T) remains its “Top Pick” in this coverage group with accelerating growth ahead and notes that it raised its out-year estimates “modestly.”

Stay Ahead of the Market:

• Discover outperforming stocks and invest smarter with Top Smart Score Stocks.

• Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See the top stocks recommended by analysts >>

Read More on CHTR:

Disclaimer & DisclosureReport an Issue

• Charter, Comcast launch satellite-based services through Skylo collaboration

• Chipotle upgraded, Charter initiated: Wall Street’s top analyst calls

• Charter resumed with a Buy at Citi

• Cable One price target lowered to $240 from $340 at Wells Fargo

• Charter Communications to Acquire Liberty Broadband