Barclays Maintains a Sell Rating on Charter Communications (CHTR)

Charter Communications, Inc. (NASDAQ:CHTR) is one of the best most oversold large cap stocks so far in 2025. In a report released on October 1, Kannan Venkateshwar from Barclays maintained a Sell rating on Charter Communications, Inc. (NASDAQ:CHTR) and set a price target of $275.00.

Why Charter Communications (CHTR) Is Surging In 2025?

Charter Communications, Inc. (NASDAQ:CHTR) reported its fiscal Q2 results on July 25, with total Internet customers decreasing by 117,000. Total mobile lines for the quarter rose by 500,000.

As of June 30, Charter Communications, Inc. (NASDAQ:CHTR) serves 29.9 million Internet customers, 10.9 million mobile lines, and 31.2 million customer relationships (excluding mobile-only relationships).

Charter Communications, Inc. (NASDAQ:CHTR) provides broadband communications services. The company’s offerings include Spectrum TV, Spectrum Internet, and Spectrum Voice.

Charter Communications, Inc. (NASDAQ:CHTR) also offers data networking, business-to-business Internet access, video and music entertainment services, business telephone, and wireless backhaul.

While we acknowledge the potential of CHTR to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CHTR and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.