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Wells Fargo Keeps Their Sell Rating on Charter Communications (CHTR)

Tipranks - Wed Jul 8, 4:54AM CDT

Wells Fargo analyst Steven Cahall maintained a Sell rating on Charter Communications yesterday and set a price target of $160.00. The company’s shares closed yesterday at $135.44.

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According to TipRanks, Cahall is a 5-star analyst with an average return of 7.8% and a 56.68% success rate. Cahall covers the Communication Services sector, focusing on stocks such as Spotify, Fox, and Netflix.

In addition to Wells Fargo, Charter Communications also received a Sell from Goldman Sachs’s Michael Ng in a report issued on July 2. However, on July 1, Bank of America Securities reiterated a Buy rating on Charter Communications (NASDAQ: CHTR).

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 $1.16 billion. In comparison, last year the company earned a revenue of $13.74 billion and had a net profit of $1.22 billion

Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CHTR in relation to earlier this year. Most recently, in May 2026, Thomas Rutledge, an Insider at CHTR sold 87,833.00 shares for a total of $12,732,098.52.

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