The price of ATUS is predicted to go up 4.88%, based on the high correlation periods with MCFT. The similarity of these two price pattern on the periods is 97.44%.
ATUS
MCFT
Altice USA's effort to deploy fiber put the firm on a path to future-proof its networks over the next few years.
Even without fiber, Altice USA's networks provide a platform to easily meet customers' growing bandwidth demands, which should drive strong recurring cash flow.
Altice USA will have a strong role to play in the wireless business, especially in the densely populated New York market.
Citigroup
2024-12-11
Price Target
$2.5 → $3
Upside
+17.65%
TD Cowen
2024-11-05
Price Target
$6 → $3.5
Upside
+35.4%