Wells Fargo Maintains Overweight on Warner Bros. Discovery, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Steven Cahall has maintained an Overweight rating on Warner Bros. Discovery (NASDAQ:WBD) but lowered the price target from $20 to $16.
November 09, 2023 | 3:45 pm
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Wells Fargo has maintained an Overweight rating on Warner Bros. Discovery but lowered the price target from $20 to $16.
The news is directly related to Warner Bros. Discovery. The maintained Overweight rating indicates a positive outlook, but the lowered price target may cause some uncertainty among investors. This could potentially lead to short-term volatility in the stock price.
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RELEVANCE 100