Wells Fargo Maintains Equal-Weight on Warner Bros. Discovery, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Steven Cahall maintains an Equal-Weight rating on Warner Bros. Discovery (NASDAQ:WBD) but lowers the price target from $9 to $7.
August 08, 2024 | 1:20 pm
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Wells Fargo analyst Steven Cahall maintains an Equal-Weight rating on Warner Bros. Discovery but lowers the price target from $9 to $7.
The lowered price target from $9 to $7 by Wells Fargo suggests a less optimistic outlook for Warner Bros. Discovery, which could negatively impact the stock price in the short term.
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