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Equities researchers at Sterne Agee upped their price objective on shares of Time Warner (NYSE:TWX) from $20.00 to $100.00 in a research report issued on Friday. Sterne Agee’s target price suggests a potential upside of 16.12% from the stock’s previous close.

A number of other analysts have also recently weighed in on TWX. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Time Warner in a research note on Thursday. They now have a $90.00 price target on the stock, up previously from $80.00. Separately, analysts at Argus raised their price target on shares of Time Warner from $77.00 to $100.00 in a research note on Thursday. They now have a “buy” rating on the stock. Finally, analysts at Topeka Capital Markets raised their price target on shares of Time Warner from $68.00 to $70.00 in a research note on Thursday. They now have a “hold” rating on the stock. Twelve equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. Time Warner currently has a consensus rating of “Buy” and a consensus target price of $79.91.

Shares of Time Warner (NYSE:TWX) opened at 86.12 on Friday. Time Warner has a 52 week low of $57.5935 and a 52 week high of $87.14. The stock has a 50-day moving average of $70.19 and a 200-day moving average of $65.12. The company has a market cap of $75.966 billion and a price-to-earnings ratio of 18.96.

Time Warner (NYSE:TWX) last announced its earnings results on Wednesday, April 30th. The company reported $0.97 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.88 by $0.09. The company had revenue of $7.55 billion for the quarter, compared to the consensus estimate of $6.61 billion. During the same quarter in the prior year, the company posted $0.82 earnings per share. The company’s quarterly revenue was up 9.6% on a year-over-year basis. Analysts expect that Time Warner will post $4.00 EPS for the current fiscal year.

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

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