Time (TIME) Tops Q3 EPS by 5c; Trims FY14 Revs Outlook

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FBR Capital Upgrades Time Inc. (TIME) to Outperform

November 5, 2014 6:30 AM EST

FBR Capital upgraded Time Inc. (NYSE: TIME) from Market Perform to Outperform with a price target of $27.00 (from $22.00).

Analyst William Bird said, "We are raising our rating to OP from MP based on attractive risk/reward, potential catalysts, and an... More