Barrington Research Reaffirms Time Warner Cable Outperform, PT

Barrington Research reaffirmed its Time Warner Cable (NYSE: TWC) Outperform rating and $85 price target in a research report published today.

In the report, Barrington Research states, "We continue to expect that by 2013 the corporate gross margin dollar mix will begin to tip toward high-speed data, lessening competitive concerns related to video."

Shares of Time Warner Cable were trading at $63.20 at the time of posting, up 0.57% from Tuesday's market close.