UPDATE: ISI Group Initiates Coverage on Time Warner on Multiple Value Drivers
September 11, 2013 at 09:09 AM EDT
In a report published Wednesday, ISI Group analyst Vijay Jayant initiated coverage on Time Warner (NYSE: TWX ) with a Buy rating and $71.00 price target. In the report, ISI Group noted, “Time Warner's largest profit contributor at $5.3B or 80% of ‘13E OI is the Networks business, is using