Evercore ISI Group Maintains Outperform on Warner Bros. Discovery, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Vijay Jayant maintains an Outperform rating on Warner Bros. Discovery (NASDAQ:WBD) but lowers the price target from $12 to $10.
July 16, 2024 | 3:34 pm
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NEUTRAL IMPACT
Evercore ISI Group maintains an Outperform rating on Warner Bros. Discovery but lowers the price target from $12 to $10.
The Outperform rating suggests a positive outlook, but the lowered price target indicates some concerns about short-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100