Why Is Time Warner A Strong Buy – CWEB.Com

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Why Is Time Warner A Strong Buy – CWEB.Com

 

Time Warner (NYSE:TWX) is up 1.2% after an upgrade to Buy at UBS.

Time Warner stock is plenty strong on its own merits. Share prices are quietly going up.

Time Warner remains a solid company, and an inexpensive stock.

A potential merger between AT&T (T) and Time Warner (NYSE:TWX) , but a deal between the two media giants is still likely to get done.

“While we expect AT&T’s acquisition of Time Warner to be approved, we believe this environment would make Time Warner’s assets highly attractive to other media companies and internet-based competitors were the deal to be blocked,” analyst John Hodulik wrote in a note to clients Monday. ”

CWEB Analyst’s have initiated a Buy Rating for Time Warner (NYSE:TWX)  and a Price Target of $150 within 12 months.

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