VZ - Charter's Future Brightens With Disney Deal And Network Upgrades: Analyst | Benzinga
Benchmark analyst Matthew Harrigan maintained Charter Communications Inc (NASDAQ: CHTR) with a Buy and raised the price target from $575 to $600.
The analyst reiterated his favorable posture toward the new programming template with Walt Disney Co (NYSE: DIS), which collapses the arbitrary and archaic wall between linear channels and streaming. This agreement is essential in preserving video business economics and necessary to both parties. The integration of live TV and streaming apps is further advanced by the 10.04 nationwide launch of the Xumo Stream Box to Spectrum households, leveraging the Spectrum TV ...