Time Warner (TWX) PT Raised to $108 at BMO Capital

Credit Suisse Downgrades Time Warner (TWX) to Neutral Following Takeover

Credit Suisse downgraded Time Warner (NYSE: TWX) from Outperform to Neutral with a price target of $107.50 (from $90.00) after the company agreed to be acquired by AT&T for $107.50 per share.

Analyst O. Sheikh commented, "We believe the value of the offer... More

Time Warner (TWX) PT Raised to $97 at FBR Capital

FBR Capital analyst Barton Crockett raised his price target on Market Perform-rated Time Warner (NYSE: TWX) to $97.00 (from $81.00) after the company agreed to be acquired by AT&T for $107.50/share.

Crockett commented, "Time Warner shareholders should be happy for this $85 billion offer,... More

Time Warner (TWX) PT Raised to $105 at Wedbush

Wedbush analyst James Dix raised his price target on Neutral-rated Time Warner (NYSE: TWX) to $105.00 (from $90.00) after the company agreed to be acquired by AT&T.

Dix commented, "AT&Ts $107.50 per share, 50-50 cash-stock (less if T$41.349),... More

Time Warner (TWX) PT Raised to $107.50 at Nomura Following Deal

Nomura Securities analyst Anthony DiClemente raised his price target on Neutral-rated Time Warner (NYSE: TWX) to $107.50 (from $85.00) after the company agreed to be acquired by AT&T for $107.50 a share (50/50 cash and stock), a 36% premium to Wednesday's close (prior to reports of a potential... More

Time Warner (TWX) CEO says no one else has approached the company

Time Warner (NYSE: TWX) CEO says no one else has approached the company

S&P hits two-week high on strong earnings; M&A supports

By Rodrigo Campos

NEW YORK - (Reuters) - The S&P 500 hit a two-week high on Monday on the back of strong earnings, while a flurry of acquisitions indicated corporate America continues to see untapped value in the market.

Annualized third-quarter earnings from S&P 500 components are expected to have risen 1.1 percent last quarter, following four quarters of contraction, according to Thomson Reuters I/B/E/S data. Of the 120 companies that have reported so far, 78 percent have beaten analyst expectations, above the long-term average of 63.5 percent.

Microsoft, which handily beat expectations last week, rose 2.2... More

MoffettNathanson Downgrades Time Warner (TWX) to Neutral

MoffettNathanson downgraded Time Warner (NYSE: TWX) from Buy to Neutral after the company agreed to be acquired by AT&T for $107.50 per share.

For an analyst ratings summary and ratings history on Time Warner... More

RBC Capital Downgrades Time Warner (TWX) to Sector Perform

RBC Capital downgraded Time Warner (NYSE: TWX) from Outperform to Sector Perform with a price target of $108.00 (from $95.00).

For an analyst ratings summary and ratings history on Time Warner click here. For more ratings news on Time Warner click here.

Shares of Time Warner closed at $89.48 yesterday.

Goldman Sachs Downgrades Time Warner (TWX) to Neutral

Goldman Sachs downgraded Time Warner (NYSE: TWX) from Conviction Buy to Neutral.

For an analyst ratings summary and ratings history on Time Warner click here. For more ratings news on Time Warner click here.

Shares of Time Warner closed at $89.48 yesterday.

Time Warner (TWX) PT Raised to $102 at Brean Capital

Brean Capital analyst Alan Gould reiterated a Buy rating and raised his price target on Time Warner (NYSE: TWX) to $102.00 (from $93.00) after the company agreed to be acquired by AT&T for $107.50 per share.

Gould commented, "AT&T is paying $107.50 for TWX,... More

AT&T (T) to Acquire Time Warner (TWX) for $107.50/Share

AT&T Inc. (NYSE: T) and Time Warner Inc. (NYSE: TWX) announced they have entered into a definitive agreement under which AT&T will acquire Time Warner in a stock-and-cash transaction valued at $107.50 per share, confirming rumors earlier in the week. The agreement has been approved unanimously by the boards of directors of both companies.

Shares of Time Warner closed at $89.48 per share on Friday, giving the deal a 20% premium. Shares of Time Warner were trading at around $80 when rumors of a deal first surfaced on... More