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Altice USA price target lowered to $2.50 from $3 at Evercore ISI

Evercore ISI lowered the firm’s price target on Altice USA (ATUS) to $2.50 from $3 and keeps an In Line rating on the shares after the company reported Q3 losses and announced that it will change its corporate name to Optimum Communications (OPTU), effective November 7. The company will cease trading under NYSE ticker symbol “ATUS” and begin trading under the new symbol “OPTU” on November 19.

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