Goldman Sachs Maintains Neutral on Warner Bros. Discovery, Raises Price Target to $8.5
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Michael Ng maintains a Neutral rating on Warner Bros. Discovery (NASDAQ:WBD) but raises the price target from $7.5 to $8.5.
October 07, 2024 | 2:22 pm
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Goldman Sachs has maintained a Neutral rating on Warner Bros. Discovery but increased the price target from $7.5 to $8.5, indicating a positive outlook.
The increase in price target from $7.5 to $8.5 by Goldman Sachs suggests a positive outlook for Warner Bros. Discovery, which could lead to a short-term increase in stock price. However, the Neutral rating indicates that the analyst does not see significant upside potential beyond the new target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100