Analysts see turnaround ahead for Charter

06/18/2012 | Investor's Business Daily

Wall Street has looked favorably on Charter Communications since CEO Tom Rutledge took the reins in December -- the nation's fourth-biggest cable provider has seen its stock rise 21%. Although Charter remains in the red, it's on track for a turnaround over the next few quarters, according to Evercore Partners analyst Bryan Kraft. Rutledge is "a strong operating executive. With him, it's about running operations and driving better subscriber trends, better cash-flow growth," Kraft said.

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