Time Warner (TWX) : Zacks Investment Research ranks Time Warner (TWX) as 3, which is a Hold recommendation. 11 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 other analysts are mildly bullish on the stock and favor a Buy. A total of 9 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 22 research analysts is 1.91, which indicates as a Buy.
Time Warner (TWX) stock is expected to deviate a maximum of $8.12 from the average target price of $88.26 for the short term period. 19 Street Experts have initiated coverage on the stock with the most promising target being $106 and the most muted being $74.
For the current week, the company shares have a recommendation consensus of Buy. Also, In a research note released to the investors, UBS maintains its rating on Time Warner (NYSE:TWX).The analysts at the brokerage house have a current rating of Buy on the shares. In a recent information released to the investors, UBS raises the new price target from $87 per share to $90 per share. The rating by the firm was issued on August 4, 2016.
Time Warner (NYSE:TWX): The stock opened at $78.4 and touched an intraday high of $78.78 on Wednesday. During the day, the stock corrected to an intraday low of $77.96, however, the bulls stepped in and pushed the price higher to close in the green at $78.72 with a gain of 0.42% for the day. The total traded volume for the day was 2,338,627. The stock had closed at $78.39 in the previous trading session.
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