Wells Fargo Resumes Charter Communications (CHTR) With Equal Weight

Charter Communications, Inc. (NASDAQ:CHTR) is one of the Most Undervalued US Stocks According to Wall Street Analysts. On August 21, Wells Fargo resumed Charter Communications, Inc. (NASDAQ:CHTR) with an Equal Weight rating and a $300 price target.

The firm noted that while the company still has the best go-to-market strategy in the cable sector. However, noted that the recent agreement of the company with Cox Communications, signed on May 16, 2025, does not change the company’s free cash flow per share and remains financially neutral.

Under the agreement with Cox Communications, both companies are set to create an industry leader in mobile, broadband communications, and seamless video entertainment. Despite this strategic step, the firm warned that there are strong pressures in the sector and that the competition remains challenging.

Charter Communications, Inc. (NASDAQ:CHTR) is a broadband and cable company serving over 57 million homes and businesses across 41 states under the Spectrum brand.

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Disclosure: None. This article is originally published at Insider Monkey.