Charter falls after Wells Fargo downgrades to 'underweight'

Shares of broadband and cable TV provider Charter Communications CHTR.O fall 1.5% to $203.62 premarket

Wells Fargo downgrades rating on stock to "underweight" from "equal weight"

Brokerage cuts PT to $180 from $240, implying a downside of 12.9% to stock's last close

Average rating of 23 analysts is "hold"; median PT is $290 - data compiled by LSEG

Shares down 39.1% in 2025