Wells Fargo Remains a Sell on Altice Usa (ATUS)
In a report released on May 9, Steven Cahall from Wells Fargo maintained a Sell rating on Altice Usa (ATUS – Research Report), with a price target of $1.00. The company's shares closed last Friday at $2.62.
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Cahall covers the Communication Services sector, focusing on stocks such as Paramount Global Class B, Roku, and E. W. Scripps Company Class A. According to TipRanks, Cahall has an average return of 6.1% and a 52.35% success rate on recommended stocks.
In addition to Wells Fargo, Altice Usa also received a Sell from Bank of America Securities's Jessica Reif Ehrlich in a report issued on May 9. However, on the same day, Morgan Stanley maintained a Hold rating on Altice Usa (NYSE: ATUS).
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