Rival cable analyst refutes Moffett report, says sector is just fine

One day after noted cable industry analyst Craig Moffett downgraded the stocks of Comcast, Time Warner Cable, and Charter Communications to neutral on fears of cord-cutting and price-regulation tied to Title II Internet reform, analyst Jonathan Chaplin stepped forward with a dissenting viewpoint. "In our view, concerns over cord cutting and regulation are overblown and cable assets are among the most compelling opportunities we see globally," wrote Chaplin, introducing a new report compiled by his firm New Street Research.

In contrast to Moffett, Chaplin believes price regulation is a long way off. He notes that recent comments by Matthew Berry, Chief of Staff to Commissioner Ajit Pai of the Federal Communications Commission, indicate that FCC Chairman Tom Wheeler's Title II-oriented vision has a long way to go before it becomes the law of the land.