Bank Of America Offers Potential Pair Trade Based On New Coverage

October 16, 2014 11:02 AM | 19 seconds read | Make a Comment

On Thursday, analysts at Bank of America upgraded shares of Time Warner Inc TWX from Neutral to Buy and raised the price target to $85 from $79.

At the same time, Bank of America downgraded shares of Viacom, Inc. VIAB to Underperform from Neutral and lowered the price target to $72.50 from $91.

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Bank Of America Offers Potential Pair Trade Based On New Coverage