The firm set a price target to $90 for the American multinational media and entertainment company, up from its previous mark of $84.
Goldman Sachs said Time Warner's set sector-low exposure to the TV ad market is an advantage relative to its peers.
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"HBO is an under-monetized asset and we estimate that new initiatives (e.g., HBO OTT, monetizing non-revenue subs, improving penetration of distributors) can contribute at least 7% growth to EPS," said Goldman Sachs America-media and entertainment analyst Drew Borst.
Separately, TheStreet Ratings team rates TIME WARNER INC as a Buy with a ratings score of A. TheStreet Ratings Team has this to say about their recommendation:
"We rate TIME WARNER INC (TWX) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income."