1 of 1
Story summary
- Cogeco Communications shows free cash flow despite market sentiment, according to TD Cowen analyst Vince Valentini.
- Valentini says investors focus on the U.S. segment and overlook Cogeco’s spectrum value and cash flow.
- The stock is down 6.4% year-to-date and shows a 19.3% free cash flow yield for 2027 that could reach 25% with buybacks.
- Valentini upgrades the stock to a 'buy' rating, stating the target price cannot justify a 'hold'.
