Altice USA price target lowered to $2 from $3 at Barclays

Barclays analyst Kannan Venkateshwar lowered the firm’s price target on Altice USA (ATUS) to $2 from $3 and keeps an Equal Weight rating on the shares. The firm says the company’s balance sheet constraints are forcing “sub optimal go-to-market choices,” which will continue to pressure EBITDA.