Morgan Stanley Resumes Charter Communications (CHTR) at Equalweight

Morgan Stanley analyst Sean Diffley resumes coverage on Charter Communications (NASDAQ: CHTR) with a Equalweight rating and a price target of $150.00.

The analyst comments "CHTR w/ Cox has a clear path to synergy realization, however, longer-term concerns around Cable's ability to improve volume & pricing headwinds remain. FCF & EBITDA mults are low vs history; along w/ optionality around larger scale Cable M&A & satellite partnerships, keep us from being more negative."

For an analyst ratings summary and ratings history on Charter Communications click here. For more ratings news on Charter Communications click here.

Shares of Charter Communications closed at $145.77 yesterday.

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