Truist Securities Maintains Buy on Warner Bros. Discovery, Lowers Price Target to $17
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Matthew Thornton has maintained a 'Buy' rating on Warner Bros. Discovery (NASDAQ:WBD) but lowered the price target from $18 to $17.
August 07, 2023 | 3:14 pm
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Truist Securities has maintained a 'Buy' rating on Warner Bros. Discovery but lowered the price target from $18 to $17.
The news is directly related to Warner Bros. Discovery. The maintained 'Buy' rating indicates Truist Securities' positive outlook on the company, which could encourage investors. However, the lowered price target might indicate a slightly less optimistic view on the company's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100