Raymond James Cuts Warner Bros. Discovery Price Target to $13 as Shares Tumble

By Yahoo! Finance   |   1 week ago
Raymond James Cuts Warner Bros. Discovery Price Target to $13 as Shares Tumble

Raymond James reduced Warner Bros. Discovery's price target to $13, attributing it to macroeconomic concerns. The media company's stock declined by 11.67% over a week. Analysts anticipate the company's restructuring and potential asset sales amid industry consolidation.

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