News coverage about Altice USA (NYSE:ATUS) has been trending somewhat positive on Wednesday, Accern reports. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Altice USA earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned news stories about the company an impact score of 46.3238840575011 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Several research analysts have issued reports on ATUS shares. Moffett Nathanson upgraded shares of Altice USA from a “neutral” rating to a “buy” rating in a report on Friday, November 10th. Goldman Sachs Group upgraded shares of Altice USA from a “neutral” rating to a “buy” rating and set a $31.00 price objective for the company in a research note on Tuesday, November 7th. Deutsche Bank reissued a “buy” rating and issued a $35.00 price target on shares of Altice USA in a research report on Monday, November 6th. Pivotal Research reissued a “buy” rating and issued a $28.00 price target on shares of Altice USA in a research report on Tuesday, January 9th. Finally, Societe Generale began coverage on shares of Altice USA in a research report on Wednesday, December 13th. They issued a “buy” rating for the company. Four research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Altice USA presently has a consensus rating of “Buy” and an average price target of $32.21.
Altice USA (ATUS) traded up $0.09 during midday trading on Wednesday, hitting $19.63. The stock had a trading volume of 135,686 shares, compared to its average volume of 2,370,150. Altice USA has a 12 month low of $17.80 and a 12 month high of $35.29. The company has a current ratio of 0.32, a quick ratio of 0.32 and a debt-to-equity ratio of 6.82.
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Altice USA Company Profile
Altice USA, Inc is engaged in providing broadband communications and video services in the United States. The Company’s segments include Cablevision and Cequel. Cablevision provides broadband, pay television and telephony services to residential and business customers in and around the New York metropolitan area.
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