Time Warner Shares Downgraded As Discount To AT&T Shrinks With Merger Closing In
August 07, 2017 at 08:28 AM EDT
Analysts at Evercore downgraded shares of Time Warner Inc. to in-line from outperform on Monday, as the stock's discount relative to AT&T Inc. shares has fallen to about 5% from about 15% at the start of the year.
