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Actionable news in TWC: TIME WARNER CABLE Inc,

Time Warner Cable (TWC) Stock Price Target Raised at Jefferies

NEW YORK (TheStreet) -- Jefferies raised its price target on Time Warner Cable (TWC - Get Report) stock to $212 from $197 on Friday. The firm maintained its "hold" rating.

The cable service provider reported 2015 third quarter earnings yesterday before the market open of $1.62 per share, beating estimates of $1.57 per share. Time Warner Cable reported revenue of $5.92 billion, lower than estimates of $5.96 billion.

The company also reported an increased number of subscribers, which was driven by increased promotional activity and less competition from...


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