Evercore Sees Time Warner Cable Pushing for 'Significant' Premium from Charter

Traders in shares of Time Warner Cable

are attributing upside in the stock (up 4.4 percent heading into the close) Wednesday to a late-day research note from Evercore's Bryan Kraft on Tuesday. The analyst sees a chance Time Warner Cable could make demands for a large premium from Charter

. Kraft believes Time Warner Cable may make the demand in exchange for giving up managerial control and amid the fact that TWC will create the strongest regional and corporate scale benefits and the most-favorable cost synergies. Evercore maintains an Overweight rating and $108 price target on shares of Time Warner Cable. With Time Warner Cable shares up to $103.96 at last check, Kraft's price target implies potential upside of only 4 percent.