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Analysts Offer Insights on Communication Services Companies: BCE (BCE) and Charter Communications (CHTR)

Tipranks - Thu Jul 2, 6:30AM CDT

There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on BCE (BCE) and Charter Communications (CHTR) with bullish sentiments.

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BCE (BCE)

In a report released today, Tim Casey from BMO Capital maintained a Buy rating on BCE, with a price target of C$37.00. The company’s shares closed last Tuesday at $21.51.

According to TipRanks.com, Casey is a 4-star analyst with an average return of 6.3% and a 56.7% success rate. Casey covers the NA sector, focusing on stocks such as Cogeco Communications, Rogers Communication, and WildBrain. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for BCE with a $27.00 average price target.

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Charter Communications (CHTR)

In a report released today, Jessica Reif Ehrlich from Bank of America Securities reiterated a Buy rating on Charter Communications, with a price target of $200.00. The company’s shares closed last Tuesday at $142.21.

According to TipRanks.com, Ehrlich is a 4-star analyst with an average return of 8.9% and a 49.1% success rate. Ehrlich covers the NA sector, focusing on stocks such as Warner Music Group, Sirius XM Holdings, and iHeartMedia. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Charter Communications with a $239.55 average price target, a 65.8% upside from current levels. In a report released yesterday, Citi also maintained a Buy rating on the stock with a $190.00 price target.

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