Goldman Sachs Maintains Neutral on Warner Bros. Discovery, Lowers Price Target to $7.5
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Michael Ng maintains a Neutral rating on Warner Bros. Discovery (NASDAQ:WBD) but lowers the price target from $8.5 to $7.5.
August 08, 2024 | 3:37 pm
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Goldman Sachs analyst Michael Ng maintains a Neutral rating on Warner Bros. Discovery but lowers the price target from $8.5 to $7.5.
The lowered price target from $8.5 to $7.5 by Goldman Sachs suggests a less optimistic outlook for Warner Bros. Discovery, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100