Gregory Williams, an analyst from TD Cowen, maintained the Buy rating on Charter Communications. The associated price target was lowered to $413.00.
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Gregory Williams has given his Buy rating due to a combination of factors that balance near‑term Internet headwinds against a still-compelling long‑term free cash flow outlook. While Charter’s latest quarter showed weaker broadband subscriber trends and softer Internet ARPU than anticipated, core revenue and EBITDA were broadly in line, suggesting the underlying business remains resilient despite competitive and macro pressures.
Williams also emphasizes management’s confidence in EBITDA growth into 2026, supported by cost-efficiency initiatives and expected upside from political advertising. He further sees room for future price increases, likely after the Cox transaction closes, which can bolster earnings even if subscriber gains are modest, reinforcing his positive stance on the stock despite current tactical challenges.
According to TipRanks, Williams is a 4-star analyst with an average return of 6.3% and a 46.63% success rate. Williams covers the Communication Services sector, focusing on stocks such as Lumen Technologies, Cogent Comms, and AT&T.
In another report released yesterday, Benchmark Co. also maintained a Buy rating on the stock with a $435.00 price target.