Goldman Sachs Reiterates Neutral on Time Warner Cable on Greater 1Q Expense Pressure
March 06, 2013 at 13:25 PM EST
In a report published Wednesday, Goldman Sachs reiterated its Neutral rating and $94.00 price target on Time Warner Cable (NYSE: TWC ). Goldman Sachs noted, “We update estimates to reflect: (1) greater 1Q13 expense pressure, (2) higher residential product ARPU, (3) weaker PSU volumes, and (4) greater share buybacks. Net
