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In a report issued on May 10, Amy Yong from Macquarie maintained a Buy rating on Altice Usa Inc (NYSE: ATUS), with a price target of $21.50. The company’s shares closed on Friday at $18.23, close to its 52-week low of $16.25.
According to TipRanks.com, Yong is a 3-star analyst with an average return of 4.2% and a 48.0% success rate. Yong covers the Services sector, focusing on stocks such as Liberty Media Corporation Series A Liberty SiriusXM Common Stock, Liberty Global PLC LiLAC Class A, and Live Nation Entertainment.
Currently, the analyst consensus on Altice Usa Inc is Strong Buy and the average price target is $26.94, representing a 47.8% upside.
In a report issued on May 3, Pivotal Research also maintained a Buy rating on the stock with a $23 price target.
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The company has a one-year high of $35.29 and a one-year low of $16.25. Currently, Altice Usa Inc has an average volume of 1.86M.
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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.
