Benchmark Reiterates Buy on Warner Bros. Discovery, Maintains $24 Price Target
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Matthew Harrigan has reiterated a Buy rating on Warner Bros. Discovery (NASDAQ:WBD) and maintained a $24 price target for the company's stock.
December 22, 2023 | 3:53 pm
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Benchmark analyst Matthew Harrigan maintains a Buy rating and a $24 price target on Warner Bros. Discovery, indicating a positive outlook for the stock.
The reiteration of a Buy rating and the maintenance of a $24 price target by a Benchmark analyst suggests a strong conviction in the potential growth and value of Warner Bros. Discovery's stock. This positive analyst coverage is likely to influence investor sentiment and could lead to a short-term increase in the stock price, as it reaffirms the company's favorable outlook in the eyes of professional analysts.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100