KeyBanc cuts rating on Charter after Q3 results stoke fears about broadband growth

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Charter Spectrum Phone, Cable TV, and Internet telecommunications service van is driving to performing a service call - San Diego, California, USA - 2020

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KeyBanc Capital Markets downgraded Charter Communications (CHTR) to "sector weight" from "overweight" following its weak third-quarter results.

Shares of the company are down more than 5% in early open market trading on Monday.

The research firm noted that the company

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