UPDATE: Deutsche Bank Upgrades Time Warner Cable on Bottoming Fundamentals, Asset Value
November 04, 2013 at 09:19 AM EST
In a report published Monday, Deutsche Bank analyst Doug Mitchelson upgraded the rating on Time Warner Cable (NYSE: TWC ) from Hold to Buy, and raised the price target from $109.00 to $141.00. In the report, Deutsche Bank noted, “We believe TWC's poor fundamentals are bottoming in 3Q13/4Q13, new mgmt