Charter Financial Struggles & Q2 Earnings Preview
Key Questions
What is Wells Fargo's latest outlook on Charter stock?
Wells Fargo cut its CHTR price target to $160 with an Underweight rating, projecting -140k broadband subs in Q2.
How has CHTR stock performed over the past year?
CHTR stock is down 66.6% over 52 weeks with a P/E of 3.69, though GF Value indicates 64% undervaluation at $135.44.
What drove the recent CHTR stock rally?
Shares rose 9% on unconfirmed SpaceX partnership rumors ahead of the July 24 earnings date.
Wells Fargo cut CHTR price target to $160 with Underweight rating, projecting -140k broadband subs in Q2. Stock down 66.6% over 52 weeks, P/E 3.69. Insider selling outweighs buying 3:1, though GF Value shows 64% undervaluation at $135.44. Earnings date July 24. Recent 9% rally on SpaceX partnership rumors. Mixed signals: analyst caution vs deep value gap. M&A remains top topic but doesn't change near-term fundamentals.