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Fly News Breaks for April 8, 2016
TWX
Apr 8, 2016 | 08:22 EDT
As noted earlier, RBC Capital initiated Time Warner with a $92 price target and Outperform rating. The firm says that the stock is undervalued, and it's upbeat on the company's assets. According to the firm, "Turner is growing, HBO has monetization opportunities and Warner Bros. is a steady contributor." RBC adds that the company has "solid management," as well as strong earnings growth.
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