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Investment analysts at Nomura started coverage on shares of Time Warner (NYSE:TWX) in a note issued to investors on Wednesday, Stock Ratings News reports. The firm set a “neutral” rating and a $72.00 price target on the stock. Nomura’s target price points to a potential upside of 10.21% from the company’s current price.

The analysts wrote, “However, because Time Warner’s revenue mix is more heavily weighted towards more mature businesses—including Warner Brothers film as well as HBO—we believe TWX could realize slower-than-industry operating income growth over the next three years,”

Shares of Time Warner (NYSE:TWX) traded down 0.33% on Wednesday, hitting $65.115. 2,745,148 shares of the company’s stock traded hands. Time Warner has a 52 week low of $48.84 and a 52 week high of $70.77. The stock has a 50-day moving average of $67.02 and a 200-day moving average of $65.03. The company has a market cap of $58.911 billion and a P/E ratio of 15.91.

Time Warner (NYSE:TWX) last announced its earnings results on Wednesday, November 6th. The company reported $1.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.12. The company had revenue of $6.90 billion for the quarter, compared to the consensus estimate of $6.93 billion. During the same quarter last year, the company posted $0.86 earnings per share. Time Warner’s revenue was up .2% compared to the same quarter last year. Analysts expect that Time Warner will post $3.75 EPS for the current fiscal year.

TWX has been the subject of a number of other recent research reports. Analysts at Guggenheim reiterated a “hold” rating on shares of Time Warner in a research note to investors on Monday, January 6th. Separately, analysts at Ascendiant Capital Markets initiated coverage on shares of Time Warner in a research note to investors on Thursday, December 19th. They set a “neutral” rating on the stock. Finally, analysts at Wells Fargo & Co. reiterated an “outperform” rating on shares of Time Warner in a research note to investors on Tuesday, December 3rd. They now have a $75.00 price target on the stock. Eleven analysts have rated the stock with a hold rating and nineteen have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $71.96.

Time Warner Inc (NYSE:TWX) is a media and entertainment company.

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