Rosenblatt Maintains Sell on Warner Bros. Discovery, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Barton Crockett maintains a Sell rating on Warner Bros. Discovery (NASDAQ:WBD) and lowers the price target from $9 to $7.
February 26, 2024 | 5:36 pm
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Rosenblatt analyst Barton Crockett maintains a Sell rating on Warner Bros. Discovery and lowers the price target from $9 to $7.
The reduction in price target by Rosenblatt, coupled with the maintenance of a Sell rating, suggests a negative outlook on Warner Bros. Discovery's stock. This could lead to a decrease in investor confidence and potentially lower stock prices in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100