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RBC Capital Reaffirms Their Hold Rating on Charter Communications (CHTR)

Tipranks - Tipranks - Tue Apr 28, 6:04AM CDT

RBC Capital analyst Jonathan Atkin maintained a Hold rating on Charter Communications on April 24 and set a price target of $220.00. The company’s shares closed last Friday at $180.13.

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According to TipRanks, Atkin is a 5-star analyst with an average return of 10.0% and a 65.92% success rate. Atkin covers the Real Estate sector, focusing on stocks such as Digital Realty, Crown Castle, and American Tower.

The word on The Street in general, suggests a Hold analyst consensus rating for Charter Communications with a $267.55 average price target.

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Based on Charter Communications’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $13.6 billion and a net profit of $1.36 billion. In comparison, last year the company earned a revenue of $13.74 billion and had a net profit of $1.22 billion

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