Liberty Broadband Corp (LBRDA) was Reiterated by Pivotal Research Group to “Buy” according to the research note released today. The brokerage firm has raised the Price Target to $ 77 from a previous price target of $74 . Pivotal Research Group advised their investors in a research report released on May 24, 2016.
Many Wall Street Analysts have commented on Liberty Broadband Corp. Shares were Reiterated by Wunderlich on Mar 21, 2016 to “Buy” and Lowered the Price Target to $ 70 from a previous price target of $72 .Liberty Broadband Corp was Upgraded by Buckingham Research to ” Buy” on Mar 18, 2016. Shares were Reiterated by Pivotal Research Group on Mar 2, 2016 to “Buy” and Lowered the Price Target to $ 74 from a previous price target of $80 .
In a different news, on Jan 7, 2016, Richard N Baer (Chief Legal Officer) sold 44,017 shares at $49.94 per share price. According to the SEC, on Apr 2, 2015, Albert E Rosenthaler (Senior Vice President) sold 8,887 shares at $57.33 per share price. On Mar 25, 2015, Christopher W Shean (Senior Vice President/CFO) sold 895 shares at $53.71 per share price, according to the Form-4 filing with the securities and exchange commission.
Liberty Broadband Corporation holds ownership interests in Charter Communications Inc. (Charter ) and TruePosition Inc. (TruePosition) as well as a minority equity interest in Time Warner Cable Inc. (Time Warner Cable). Charter is a cable operator in the United States and provides advanced video high-speed Internet and telephone service to residential and business customers. TruePosition is a provider of mission-critical location based solutions enabling wireless carriers and government agencies to provide public safety E-9-1-1 services domestically and services in support of national security and law enforcement across the world. Time Warner Cable is a cable operator in the United States offering residential and commercial video high-speed data and voice services over its broadband cable systems.