Altice USA shares surge 10.24% intraday as analysts maintain buy ratings and company expands Optimum fiber internet services.

Altice USA, Inc. surged 10.24% intraday, as multiple analyst firms, including Citigroup and Benchmark, maintained their buy ratings on the company with target prices ranging from $3.25 to $5.00, significantly higher than the current stock price. The company, a broadband and video service provider, is expanding its Optimum fiber internet service to more business customers and enhancing commercial solutions such as secure connectivity tools and hosted voice services.