Citi Resumes Coverage of Charter Communications (CHTR) Stock With a Buy Rating

Charter Communications, Inc. (NASDAQ:CHTR) is one of the Best Beaten Down Stocks to Buy According to Hedge Funds. On October 6, Citi resumed coverage of the company’s stock with a “Buy” rating and a price objective of $325, as reported by The Fly. As per the analyst, Charter Communications, Inc. (NASDAQ:CHTR) will continue to see broadband subscriber losses. That being said, the analyst believes that its stock provides value after the recent correction into improving FCF generation. Notably, over the past 6 months, the company’s stock has seen a decline of over ~20%.

Charter Communications, Inc. (NASDAQ:CHTR) expects that its strategic investments in network evolution and convergence, rural build, US-based service, and seamless entertainment innovation would drive future customer and revenue growth. On October 6, analyst Michael Rollins from Citi highlighted that, despite recent challenges in broadband volume and competitive pressures, there is value in Charter Communications, Inc. (NASDAQ:CHTR)’s improving FCF generation.

Oakmark Funds, advised by Harris Associates, released its Q3 2025 investor letter. Here is what the fund said:

“Charter Communications, Inc. (NASDAQ:CHTR) was the top detractor during the quarter. The broadband leader’s stock price declined after it reported weak second-quarter earnings. Year-over-year earnings before interest, tax, depreciation and amortization were flat, and the closely watched decline in broadband subscriptions fell at a greater pace than anticipated. However, broadband average revenue per user (ARPU) growth accelerated, reaffirming one of the core points of our thesis. We expect continued near term volatility in subscriber results but believe the company’s high-capacity network is well positioned to compete over the long-term.”

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