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Fly News Breaks for August 6, 2015
TWX
Aug 6, 2015 | 08:42 EDT
Macquarie said Time Warner (TWX) weakness related lack of management comments on 2016 or 2018 earnings is a "knee-jerk" reaction. The firm said Time Warner is well positioned to sustain growth on the strength of both content and distribution and would use weakness as a buying opportunity. Shares are Outperform rated with a $100 price target.
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