Raymond James Maintains Outperform on Warner Bros. Discovery, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Ric Prentiss has maintained an 'Outperform' rating on Warner Bros. Discovery (NASDAQ:WBD) but lowered the price target from $18 to $17.

November 09, 2023 | 12:57 pm
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Warner Bros. Discovery's price target has been lowered from $18 to $17 by Raymond James, though the 'Outperform' rating is maintained.
The news is directly related to Warner Bros. Discovery. While the lowering of the price target might be seen as a negative, the maintenance of the 'Outperform' rating suggests that the analyst still sees potential in the stock. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100