Bernstein Upgrades Time Warner (TWX) to Outperform

December 1, 2008 11:01 AM EST

Sanford C. Bernstein upgrades Time Warner (NYSE: TWX) from Market Perform to Outperform, citing strength in the company's cable television division.

The firm said Time Warner's cable network is best positioned to take share from broadcast TV.

Time Warner, Inc. operates as a media and entertainment company in the United States and internationally.


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