Deutsche Bank Reaffirms a 'Buy' on Time Warner Cable (TWC); Improving Trends

Deutsche Bank reaffirms a 'Buy' on Time Warner Cable (NYSE: TWC), PT increased from $88 to $92.

Deutsche analyst says, "We see improving cable sector trends (subs better, SMB scaling, stable margins, dramatically improving user interface and on-demand content, pricing power in broadband, telecom share gains, bullish transition to IP video, moderating capital intensity), while over-the-top cord cutting fears should moderate. We believe TWC shares are cheap (10.3x ‘11E FCF, 8.5x ‘12E) and it is returning capital aggressively."

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 $72.37 yesterday.

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