Rosenblatt Upgrades Warner Bros. Discovery to Neutral, Raises Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Barton Crockett upgrades Warner Bros. Discovery (NASDAQ:WBD) from Sell to Neutral and raises the price target from $7 to $10.
March 21, 2024 | 11:44 am
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Warner Bros. Discovery was upgraded by Rosenblatt from Sell to Neutral with a price target increase from $7 to $10.
The upgrade from Sell to Neutral by a notable analyst, along with a significant increase in the price target, suggests a more favorable outlook for Warner Bros. Discovery. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100