Loop Capital upgrades Charter Communications (CHTR) stock to Buy with a PT of $510, citing growth potential post-merger

From Yahoo Finance: 2025-05-19 15:00:00

Loop Capital Markets upgraded Charter Communications, Inc. (NASDAQ: CHTR) stock to “Buy” with a new PT of $510, citing growth potential post-merger with Cox Communications. The deal is expected to reduce leverage and enhance scale efficiencies, positioning the company as a leading US cable operator. Analysts also commend CHTR’s new video strategy.

The proposed merger between Charter Communications, Inc. (NASDAQ: CHTR) and Cox Communications can create a stronger entity in the telecommunications industry. Analysts highlight the benefits of combining resources and leveraging scale efficiencies. CHTR’s “Life Unlimited” rebranding initiative, offering broadband and mobile services with customer service guarantees, is proving promising.

Analysts are optimistic about Charter Communications, Inc. (NASDAQ: CHTR)’s growth potential, especially with its innovative “Life Unlimited” rebrand and new video strategy. The proposed merger with Cox Communications is expected to enhance the company’s position in the industry. Additionally, AI stocks are seen as having higher upside potential than CHTR.



Read more at Yahoo Finance: Loop Capital Upgrades Charter Communications (CHTR) Stock to Buy, Lifts PT