Morgan Stanley Maintains Equal-Weight on Warner Bros. Discovery, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Benjamin Swinburne maintains an Equal-Weight rating on Warner Bros. Discovery (NASDAQ:WBD) but lowers the price target from $10 to $9.
July 29, 2024 | 4:27 pm
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Morgan Stanley analyst Benjamin Swinburne maintains an Equal-Weight rating on Warner Bros. Discovery but lowers the price target from $10 to $9.
The lowered price target from $10 to $9 by a reputable analyst at Morgan Stanley suggests a less optimistic outlook for Warner Bros. Discovery, which could negatively impact the stock price in the short term.
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