Macquarie Downgrades Warner Bros. Discovery to Neutral, Announces $9 Price Target
Portfolio Pulse from Benzinga Newsdesk
Macquarie analyst Tim Nollen has downgraded Warner Bros. Discovery (NASDAQ:WBD) from Outperform to Neutral and set a price target of $9.
July 25, 2024 | 11:41 am
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Macquarie analyst Tim Nollen downgraded Warner Bros. Discovery from Outperform to Neutral and set a price target of $9.
The downgrade from Outperform to Neutral by a reputable analyst and the setting of a $9 price target is likely to negatively impact investor sentiment and short-term stock price performance for Warner Bros. Discovery.
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