Time Warner Cable (TWC) Final Deal Price May be Closer to $150/Sh - Jefferies

January 14, 2014 7:48 AM EST
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Price: $209.56 --0%

Rating Summary:
    11 Buy, 21 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 21 | Down: 14 | New: 19
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Jefferies analyst Mike McCormack calls Charter's (NASDAQ: CHTR) 'bear hug' offer in the low-$130s range for Time Warner Cable (NYSE: TWC) an "opening salvo, with a final acquisition price closer to $150/sh."

The firm maintained a Hold rating and price target of $145 on Time Warner Cable.

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

Shares of Time Warner Cable closed at $133.36 yesterday.

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