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Nomura Securities Cuts Price target on Time Warner (TWX) Ahead of EPS Headwinds

September 21, 2015 9:22 AM EDT

Nomura Securities reiterated a Neutral rating on Time Warner (NYSE: TWX), and cut the price target to $85.00 (from $93.00), ahead of EPS headwinds.

Analyst Anthony DiClemente commented, "Beginning with the 2Q earnings call, TWX management has reminded investors of several headwinds to... More