Pali analyst Richard Greenfield has downgraded Mediacom to ‘neutral’ from ‘buy,’ citing DISH‘s increasing marketing spend, weak local advertising throughout cable and rising programming costs. "We suspect MCCC got a less favorable deal than its larger peers, which could imply as much as $1 per sub/month on at least 600,000 of its subscribers who fall in core Big Ten markets," said Greenfield of the MSO’s recent carriage deal with Big Ten Net. Mediacom shares have gained 98% since early Mar.

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