Benchmark lowered the firm’s price target on WideOpenWest (WOW) to $6.50 from $7.50 and keeps a Buy rating on the shares. While the announcement that WOW! is partnering with the Columbus Clingstones, the Double-A affiliate of the Atlanta Braves (BATRA), to exclusively power its Synovus Park home stadium has no significant financial estimate effect, it “does attest to the viability of WOW’s comprehensive residential and business broadband solutions,” the analyst tells investors. The buyout offer the company reportedly received implies the stock is “likely a decent small cap ‘hiding spot’ for those concerned with current market volatility,” the analyst added.
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Read More on WOW:
- Wideopenwest’s Strategic Growth and Market Positioning Highlighted by New Partnerships and Fiber Expansion
- WideOpenWest chosen as fiber internet provider for Columbus Clingstones
- Wideopenwest Stockholders Approve Key Governance Decisions
- WideOpenWest’s Earnings Call: Mixed Results and Future Plans
- WideOpenWest Reports Q1 2025 Financial Results
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