Altice Usa Inc (ATUS) Gets a Buy Rating from Barclays


In a report issued on August 3, Kannan Venkateshwar from Barclays maintained a Buy rating on Altice Usa Inc (NYSE: ATUS), with a price target of $25. The company’s shares closed on Friday at $17.25.

According to TipRanks.com, Venkateshwar is a 1-star analyst with an average return of -1.6% and a 52.6% success rate. Venkateshwar covers the Services sector, focusing on stocks such as Liberty Media Corporation Series A Liberty SiriusXM Common Stock, Sirius XM Holdings Inc, and Dish Network.

Altice Usa Inc has an analyst consensus of Strong Buy, with a price target consensus of $24.80.

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The company has a one-year high of $29.43 and a one-year low of $14.60. Currently, Altice Usa Inc has an average volume of 5.76M.

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Altice USA, Inc. engages in the provision of broadband, pay television, telephony services, proprietary content, and advertising services. Its brand includes Optimum, Suddenlink, Lightpath, AMS, News 12 Networks, and News 12 Varsity. It operates through the Cablevision and Cequel business segments.

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