Time Warner Cable Launches IPhone App TWC Video
Time Warner Cable (NYSE:TWC) recently launched a new iPhone application that allows customers to watch live television from their iPhone or iPod Touch along with allowing viewers to control, manage and program their DVR. The new app also allows users to browse the TV guide, favorite channels and search for programs by title or episode name. Last March, Time Warner released the iPad version of the app along with the Android version. Time Warner Cable (NYSE:TWC) has potential upside of 19.2% based on a current price of $68.68 and an average consensus analyst price target of $81.86. Time Warner Cable is currently above its 50-day moving average (MA) of $62.32 and should find resistance at its 200-day MA of $68.97.
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