Altice Usa Inc was Downgraded to a Hold Rating at Guggenheim

By Carrie Williams

Altice Usa Inc (NYSE: ATUS) received a Hold rating from Guggenheim analyst Michael Morris today. The company’s shares closed yesterday at $29.48.

According to TipRanks.com, Morris is a 4-star analyst with an average return of 9.6% and a 59.1% success rate. Morris covers the Services sector, focusing on stocks such as Charter Communications, MSG Networks Inc, and Scripps Networks.

Altice Usa Inc has an analyst consensus of Moderate Buy, with a price target consensus of $36.67.

The company has a one year high of $35.29 and a one year low of $27.61. Currently, Altice Usa Inc has an average volume of 1.8M.

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Altice USA, Inc. operates as telecommunications, media, and entertainment firm. It provides digital cable television, high speed Internet, voice, WiFi, and advertising services. The company was founded by Patrick Drahi in 2001 and is headquartered in Melville, NY.