Macquarie Maintains Neutral on Warner Bros. Discovery, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Macquarie analyst Tim Nollen maintains a Neutral rating on Warner Bros. Discovery (NASDAQ:WBD) and lowers the price target from $9 to $8.
August 12, 2024 | 10:15 pm
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Macquarie analyst Tim Nollen maintains a Neutral rating on Warner Bros. Discovery and lowers the price target from $9 to $8.
The lowered price target from $9 to $8 suggests a less optimistic outlook for Warner Bros. Discovery, which could negatively impact investor sentiment and short-term stock price.
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