WOW Stock Price: $26 Target From KeyBanc

By Amit Chowdhry ● Jul 1, 2021
  • The shares of WideOpenWest Inc (NYSE: WOW) have received a price target increase from $21 to $26 from KeyBanc. These are the details.

The shares of WideOpenWest Inc (NYSE: WOW) have received a price target increase from $21 to $26 from KeyBanc. And KeyBanc analyst Brandon Nispel is maintaining an “Overweight” rating on the company shares.

Nispel also recommended buying WideOpenWest shares as he believes that the company’s leverage profile is attractive and the competitive footprint has been lessened.  Plus the EBITDA growth rate should be MSD-HSD.

Specifically, Nispel believes that WideOpenWest has potential for reaching high-40s% EBITDA margins as the business mix transitions toward broadband over the next three years.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.