Disappointing show by HBO, Turner drags down Time Warner
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Jefferies Maintains Buy on Time Warner (TWX) Despite 'Sloppy' Q4
February 11, 2016 8:58 AM UTCJefferies analyst John Janedis lowered his price target on Time Warner (NYSE: TWX) to $75.00 (from $85.00) following a sloppy Q4, the firm maintained a Buy rating.
commented, "After a sloppy 4Q print, TWX's call focused on plans to drive growth across its... More
Guggenheim Affirms Time Warner (TWX) at 'Buy' Amid 'Modest' Q4 Results, Outlook
February 10, 2016 9:51 AM UTCGuggenheim reaffirmed Time Warner (NYSE: TWX) at Buy with a price target of $80 following the media giant's Q4 report and outlook issued earlier Wednesday.
Analyst Michael Morris offered the following notes and commentary from Time Warner's report:
At Turner, subscription revenue was essentially flat, below our 1% growth estimate due to foreign exchange and fewer paying subscribers impacting... More