JP Morgan Maintains Neutral on Warner Bros. Discovery, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Philip Cusick has maintained a Neutral rating on Warner Bros. Discovery (NASDAQ:WBD) but has lowered the price target from $13 to $10.
February 26, 2024 | 12:26 pm
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NEGATIVE IMPACT
JP Morgan analyst Philip Cusick maintains a Neutral rating on Warner Bros. Discovery but lowers the price target from $13 to $10.
The reduction in the price target by a reputable analyst like Philip Cusick from JP Morgan could lead to a negative short-term sentiment among investors, potentially causing a decrease in the stock price of Warner Bros. Discovery.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100