TheStreet reported on Tuesday that it has reaffirmed its “Buy” rating on cable company, Time Warner Cable Inc(TWC).
TheStreet maintained a “Buy” rating on the company, with a ratings score of B+. They view TWC are having strength in return on equity and revenue growth. They also believe that they company has good valuation levels as well as cash flow from operations.
Time Warner shares were mostly flat during premarket trading Tuesday. The stock has increased 12.5% in the past year.
The Bottom Line
Shares of Time Warner Cable Inc(TWC) have a 2.92% yield, based on Monday’s closing price of $88.89.
Time Warner Cable Inc(TWC) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.
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