TITLE

STREET WILL WATCH AOL AD PERFORMANCE

PUB. DATE
July 2007
SOURCE
Multichannel News;7/23/2007, Vol. 28 Issue 29, p58
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that Street will monitor the advertising performance of America Online (AOL). Michael Morris, UBS Securities media analyst, preserved his buy rating and $25 12-month price target on Time Warner Inc. Although the shift of AOL from a subscription-based business to an advertising-based model has been encouraging, increase in competition prompted Morris to reduce advertising growth estimate from 28 percent to 25 percent.
ACCESSION #
26056159

 

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