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Barclays Reaffirms Their Hold Rating on Altice Usa (ATUS)
In a report released today, Kannan Venkateshwar from Barclays maintained a Hold rating on Altice Usa, with a price target of $3.00. The company’s shares closed yesterday at $2.41.
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According to TipRanks, Venkateshwar is a 4-star analyst with an average return of 9.1% and a 59.44% success rate. Venkateshwar covers the Communication Services sector, focusing on stocks such as AT&T, T Mobile US, and Walt Disney.
In addition to Barclays, Altice Usa also received a Hold from TR | OpenAI – 4o’s Dialyn Tone in a report issued on September 26. However, on September 29, Bank of America Securities reiterated a Sell rating on Altice Usa (NYSE: ATUS).
ATUS market cap is currently $1.11B and has a P/E ratio of -4.16.
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