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M&T Bank Corp Increases Holdings in Charter Communications, Inc. $CHTR
M&T Bank Corp significantly increased its stake in Charter Communications (NASDAQ: CHTR) by 4,348.5% in the fourth quarter, now holding 128,651 shares valued at approximately $26.86 million. Despite the increased institutional interest, Wall Street analysts have a “Hold” consensus rating for Charter Communications, with a mixed outlook and an average target price of $335.11. The company recently reported a slight miss on its quarterly earnings and revenue estimates.