Wedbush Upgrades Time Warner to "Outperform" (TWX)

Wedbush Upgrades Time Warner to “Outperform” (TWX)


Wedbush reported on Thursday that they have upgraded entertainment company, Time Warner Inc.(TWX) to “Outperform.”

The firm has raised their rating on TWX from “Neutral” to “Outperform,” and has increased the company’s price target from $44 to $60. This price target suggests a 13% increase from the stock’s current price of $51.76.

Analysts view the company as a low risk stock for the next year. Additionally, the firm sees increases in operating estimates for 2014.

Looking ahead, analysts from the firm are estimating FY2013 earnings of $4.29. The average analyst estimate is $4.23

Time Warner shares were down 37 cents, or -0.71% during Thursday morning trading. The stock has increased 35% in the past year.

The Bottom Line
Shares of Time Warner Inc.(TWX) have a 2.22% yield, based on Thursday morning’s price of $51.76

Time Warner Inc.(TWX) is not recommended at this time, holding a DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

Free Updates

Join over 100,000 investors who get the latest news from

Best Dividend Stocks

Looking for stocks that are poised for growth and pay solid dividends? Visit our list of the:

Best Dividend Stocks

Partner Center

Best CD Rates

Sitting on some extra cash and looking for the most current and profitable CD Rates?

Get The Best CD Rates

14 Day Free Trial

Earn more from your dividend portfolio within the next 14 days.

Sign Up Today