Time Warner (TWX) Receives Price Target

Time Warner (TWX) has been rated by 19 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $106 and the lowest price target forecast is $74. The average forecast of all the analysts is $88.26 and the expected standard deviation is $8.12.

Time Warner (TWX) : 11 brokerage houses believe that Time Warner (TWX) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 9 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Time Warner (TWX). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 22 Wall Street Analysts endorse the stock as a Buy with a rating of 1.91.


Also, Equity Analysts at the UBS maintains the rating on Time Warner (NYSE:TWX). The brokerage firm has issued a Buy rating on the shares. The Analysts at the ratings agency raises the price target from $87 per share to $90 per share. The rating by the firm was issued on August 4, 2016.

Time Warner (NYSE:TWX): The stock opened at $78.71 on Thursday but the bulls could not build on the opening and the stock topped out at $78.85 for the day. The stock traded down to $77.70 during the day, due to lack of any buying support eventually closed down at $78.16 with a loss of -0.32% for the day. The stock had closed at $78.41 on the previous day. The total traded volume was 2,591,316 shares.

Time Warner Inc. (Time Warner) is a media and entertainment company. The Company operates in three segments: Turner, which consists of cable networks and digital media properties; Home Box Office, which consists of domestic premium pay television services, and international premium pay and basic tier television services, and Warner Bros., which consists of television, feature film, home video and videogame production and distribution of digital and physical home entertainment products. Turner operates over 165 channels globally. In the United States, its networks and related properties include TNT, TBS, Adult Swim, truTV, Turner Classic Movies, Turner Sports, Cartoon Network, Boomerang, CNN and HLN. Outside the United States, Turners portfolio of brands and digital businesses reaches consumers in over 200 countries.

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