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Analyst Says Time Warner Undervalued [BizofShowBiz]

knowmoremedia.com » 2007 » April » 4th » Analyst Says Time Warner Undervalued [BizofShowBiz]

Tagged: business, time warner, time warner cable, state of hollywood, business rating

Saying that Time Warner Inc. (TWX) is undervalued after spinning off its cable operations, Citigroup analyst Jason Bazinet said that the stock is "inexpensive" and could add an additional 20 percent to its price over the next year. Shares in the conglomerate rose on the comments. The underlying reason for the positive outlook is that the company spun off Time Warner Cable (TWC) which is now … Continue Reading »

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