Brean Murray Carret & Co. Starts Time Warner Cable (TWC) at Hold; Top Performer Since 2009
Get Alerts TWC Hot Sheet
Price: $209.56 --0%
Rating Summary:
11 Buy, 20 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
Rating Summary:
11 Buy, 20 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
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Brean Murray Carret & Co. initiates coverage on Time Warner Cable (NYSE: TWC) with a Hold. PT $93.
Brean analyst said, "TWC to us is a strong operator with a good management team. The company benefits from economies of scale and has levels of service penetration and ARPU on par with the industry leaders. The stock has been the top performer in the group, up 86% since year-end 2009...we believe TWC will find it increasingly difficult to generate upside to current FCF yields and enthusiasm for the shares could wane as a result."
For more ratings news on Time Warner Cable click here and for the rating history of Time Warner Cable click here.
Shares of Time Warner Cable closed at $79.24 yesterday.
Brean analyst said, "TWC to us is a strong operator with a good management team. The company benefits from economies of scale and has levels of service penetration and ARPU on par with the industry leaders. The stock has been the top performer in the group, up 86% since year-end 2009...we believe TWC will find it increasingly difficult to generate upside to current FCF yields and enthusiasm for the shares could wane as a result."
For more ratings news on Time Warner Cable click here and for the rating history of Time Warner Cable click here.
Shares of Time Warner Cable closed at $79.24 yesterday.
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