Canaccord Genuity raises its price target on Buy rated Time Warner Cable (TWC) to $114 from $96...

|By:, SA News Editor

Canaccord Genuity raises its price target on Buy rated Time Warner Cable (TWC) to $114 from $96 after warming up to the company's fundamentals to see more upside for shares despite their respectable 48% YTD run. The company also sits on the radar of speculative traders who are latching onto the revenue potential if it ends up a major content provider for an Apple live TV set-top box in the future.