Warner Bros. Discovery shares are trading lower after Wolfe Research downgraded the stock from Outperform to Peer Perform.
Portfolio Pulse from Benzinga Newsdesk
Warner Bros. Discovery's stock has been downgraded from Outperform to Peer Perform by Wolfe Research, leading to a decrease in the stock's trading value.
July 07, 2023 | 12:47 pm
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Warner Bros. Discovery's stock has been downgraded by Wolfe Research, which has resulted in a decrease in the stock's trading value.
The downgrade of Warner Bros. Discovery's stock by Wolfe Research from Outperform to Peer Perform indicates a less optimistic outlook for the company's stock performance. This has led to a decrease in the stock's trading value, which could potentially continue in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100