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Fly News Breaks for May 27, 2015
CHTR, TWC
May 27, 2015 | 07:33 EDT
Wells Fargo increased its price target on Time Warner Cable (TWC) after the Charter(CHTR)-Time Warner Cable (TWC)-Bright House deal was announced. The firm reports that its DC contacts see little regulatory risk to the deal, and Wells says that the deal is logical from a strategic standpoint. It keeps Outperform ratings on Time Warner Cable and Charter.