UPDATE: ISI Raises Time Warner's PT

According to a research report published last night, ISI has increased Time Warner's (NYSE: TWC) PT from $82 to $92.

In the report, ISI commented, “In tonight's report, we are publishing our updated financial forecasts for TWC, (rated BUY, new 2012E PT of $92, up from $82 previously). The company is set to report results on 4/26/2012, with an earnings release to be posted before the market opens (past releases generally occurred around 6am….the Early Bird, as the saying goes, “Catches the Worm”), followed by an investor/analyst conference call at 8:30am ET.”

ISI maintains its Buy rating on Time Warner, which closed yesterday at $77.77.