TD Cowen raised the firm’s price target on Rogers Communications (RCI) to C$64 from C$62 and keeps a Buy rating on the shares. The firm said the company healthily beat the Street’s low expectations on a number of metrics, except ARPU and wireless service revenue. Strengthening wireless industry fundamentals point to wireless service revenue growth moving forward and stabilizing ARPU through H2 2026.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RCI:
- Positive Outlook for Rogers Communications: Strong Q3 Performance and Strategic Initiatives Drive Buy Rating
- Rogers Communications Reports Strong Q3 2025 Results
- Rogers Communications Shines in Earnings Call Amid Challenges
- Rogers Communications reports Q3 adjusted EPS C$1.37 vs C$1.42
- Is RCI a Buy, Before Earnings?