BUZZ-Altice USA gains after Raymond James raises to 'outperform'
ReutersFeb 18, 2025 1:32 PM
Broadband service operator Altice USA ATUS.N up 5.7% at $2.98 in premarket trading
Raymond James upgrades rating on stock to "outperform" from "market perform"
Brokerage expects company to start showing the impact from the operational changes that management has put in place by second half of next year
5 of 19 brokerages rate the stock "buy" or higher, 8 "hold" and 6 "sell"; their median PT is $2 - LSEG
As of last close, stock had risen ~17% this year. It fell ~26% in 2024.
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