Goldman Upgraded Time Warner (TWX) to Conviction Buy From Neutral

By Ben Zinga
September 10, 2009 7:41 AM

Symbols: EPS, TWX

Posted in: Upgrades, Analyst Ratings, Press Releases

Goldman Sachs upgraded TIME WARNER INC (NYSE: TWX) and placed the price target to $33.50 from $25.50. The firm cited upside from a stronger-than-expected national ad rebound. The firm raised 2010 EPS estimates by 7% and 2011 by 5%.

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Goldman Upgraded Time Warner (TWX) to Conviction Buy From Neutral

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