TD Cowen Maintains Buy on Warner Bros. Discovery, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Doug Creutz maintains a Buy rating on Warner Bros. Discovery (NASDAQ:WBD) but lowers the price target from $15 to $14.
August 08, 2024 | 6:18 pm
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TD Cowen analyst Doug Creutz maintains a Buy rating on Warner Bros. Discovery but lowers the price target from $15 to $14.
The Buy rating suggests continued confidence in Warner Bros. Discovery's prospects, but the lowered price target indicates some caution about near-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