- Time Warner (NYSE:TWX) is up 1.7% today on solid volume following Topeka Capital Markets raising its price target to $108.
- Shares closed yesterday at $85.81 and are currently up to $87.27.
- The firm holds a Buy rating on the shares, and analyst consensus agrees. Consensus price target of $94.44 implies nearly 10% upside from here, while Topeka's target implies nearly 25% upside.
- Previously: 2015 box office: Universal 138% ahead of 2014 pace with $1.38B home grosses (Jul. 04 2015)
- Related: Time Warner Has Great Earnings Growth Expectations (Jul. 07 2015)