BofA analyst Jessica Reif Ehrlich raised the firm’s price target on Charter (CHTR) to $500 from $450 and keeps a Buy rating on the shares. While the backdrop for broadband remains very competitive, Charter has several tailwinds in Q2 and the second half of 2025 to help drive year over year improvements in broadband net subscriber losses, including continued momentum from its attractive Spectrum Life Unlimited offering, the analyst tells investors in a research note. Additionally, BofA says network upgrades continue to drive improvements.
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