June 11, 2022
The shares of Charter Communications (NASDAQ: CHTR) have received a $607 price target from Rosenblatt. And Rosenblatt analyst Barton Crockett is maintaining a “Buy” rating on the shares.
Crockett adjusted the rating on the second-largest cable company as broadband Internet competition has been intensifying and disrupting the cable industry’s broadband growth. But Crockett believes that Charter’s technology transition should make their services fully competitive with fiber and is expecting broadband growth to continue.