Check Out What Whales Are Doing With WBD
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on Warner Bros. Discovery (NASDAQ:WBD) by a large investor, as indicated by a large position in the company's options. The overall sentiment of these big-money traders is split between 72% bullish and 27% bearish. Whales have been targeting a price range from $12.0 to $12.5 for Warner Bros. Discovery over the last 3 months. Morgan Stanley has maintained their Equal-Weight rating on Warner Bros. Discovery, with a price target of $14.
June 30, 2023 | 5:47 pm
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A large investor has taken a bullish stance on Warner Bros. Discovery, with a significant position in the company's options. The sentiment among these big-money traders is largely bullish, and the price target for the stock has been set between $12.0 and $12.5. Morgan Stanley has maintained their Equal-Weight rating on the company, with a price target of $14.
The news of a large investor taking a bullish stance on Warner Bros. Discovery, as well as the maintained Equal-Weight rating from Morgan Stanley, indicates positive sentiment towards the company. This could potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100