Altice USA price target raised to $4 from $3.50 at TD Cowen

TD Cowen raised the firm’s price target on Altice USA (ATUS) to $4 from $3.50 and keeps a Buy rating on the shares. Altice posted mixed results with downside EBITDA, but the company also “quelled any concerns” with new “bullish” 2025 revenue, EBITDA and capex guidance, the analyst tells investors. The “optimistic” guidance implies a path toward achieving its long-term targets, which will be important to solve debt woes and “subsequently a key catalyst for the stock,” the analyst added.