UBS Initiates Time Warner At Buy

Analysts at UBS initiated coverage on shares of Time Warner TWX with a Buy rating. The target price for Time Warner is set to $100. Time Warner shares have surged 34.19% over the past 52 weeks, while the S&P 500 index has gained 14.76% in the same period. Time Warner's shares fell 0.47% to close at $84.26 on Friday.