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Investment analysts at Macquarie began coverage on shares of Time (NASDAQ:TIME) in a note issued to investors on Friday. The firm set a “neutral” rating on the stock.

A number of other analysts have also recently weighed in on TIME. Analysts at Citigroup Inc. initiated coverage on shares of Time in a research note on Friday. They set a “buy” rating and a $28.00 price target on the stock. Separately, analysts at Morgan Stanley initiated coverage on shares of Time in a research note on Tuesday. They set an “equal weight” rating and a $26.00 price target on the stock. Finally, analysts at Wells Fargo & Co. initiated coverage on shares of Time in a research note on Monday. They set an “outperform” rating on the stock.

Shares of Time (NASDAQ:TIME) opened at 22.55 on Friday. The stock’s 50-day moving average is $22.24 and its 200-day moving average is $22.24.

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