Market Overview

UPDATE: Deutsche Bank Reiterates Buy Rating, Raises PT on Time Warner

Related TWX
Star Wars Vs. Harry Potter Vs. Marvel: An Intellectual Property Battle
Credit Suisse's Tech, Media And Telecom Conference: Here's A List Of The Top Presenters
Theater stocks take a beating on concerns over premium at-home viewing (Seeking Alpha)

In a report published Monday, Deutsche Bank reiterated its Buy rating on Time Warner (NYSE: TWX), and raised its price target from $44.00 to $51.00.

Deutsche Bank noted, “Reaffirm Buy. TWX remains inexpensive (12x ‘13E P/E) relative to: (1) quality of assets, mgmt and B/S; (2) visibility for cable nets growth (domestic renewal cycle'14-'16, and strong int'l growth; (3) tough Potter comps winding down; (4) lowest cyclicality among peers; and (5) mgmt is returning 126% of FCF.”

Time Warner closed on Friday at $43.64.

Latest Ratings for TWX

Nov 2016Moffett NathansonUpgradesNeutralBuy
Nov 2016Credit SuisseUpgradesNeutralOutperform
Nov 2016Pivotal ResearchDowngradesHoldHold

View More Analyst Ratings for TWX
View the Latest Analyst Ratings

Posted-In: Deutsche BankAnalyst Color Price Target Analyst Ratings


Related Articles (TWX)

View Comments and Join the Discussion!