This Is What Whales Are Betting On Warner Bros. Discovery
Portfolio Pulse from Benzinga Insights
A large bullish position on Warner Bros. Discovery (NASDAQ:WBD) has been spotted, with 63% of big-money traders being bullish and 36% bearish. Whales have been targeting a price range of $12.0 to $15.0 for WBD over the last 3 months. Morgan Stanley maintains an Equal-Weight rating with a price target of $14.
June 20, 2023 | 4:16 pm
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A large bullish position has been spotted on Warner Bros. Discovery, with whales targeting a price range of $12.0 to $15.0. Morgan Stanley maintains an Equal-Weight rating with a price target of $14.
The large bullish position indicates that big-money traders believe the stock price will rise in the short term. The whale's target price range of $12.0 to $15.0 and Morgan Stanley's Equal-Weight rating with a price target of $14 support this bullish sentiment. This information is relevant and important for investors in WBD, as it suggests potential price appreciation in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100