Morgan Stanley Sticks to Its Hold Rating for Liberty Broadband (LBRDK)


In a report released today, Benjamin Swinburne from Morgan Stanley maintained a Hold rating on Liberty Broadband (LBRDK), with a price target of $146.00. The company’s shares closed last Monday at $114.39.

According to TipRanks.com, Swinburne is a 5-star analyst with an average return of 9.0% and a 56.6% success rate. Swinburne covers the Services sector, focusing on stocks such as Liberty Media Liberty Formula One, Interpublic Group of Companies, and Live Nation Entertainment.

Liberty Broadband has an analyst consensus of Moderate Buy, with a price target consensus of $149.33.

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The company has a one-year high of $140.00 and a one-year low of $86.20. Currently, Liberty Broadband has an average volume of 762.4K.

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Liberty Broadband Corp. operates as a holding company, which engages in the cable, broadband and mobile location technology businesses. It operates through its subsidiaries, Charter Communications, Inc and TruePosition, Inc. The company was founded on November 4, 2014 is headquartered on Englewood, CO.

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