Barrington analyst Patrick Sholl initiates coverage on $Warner Bros Discovery (WBD.US)$ with a buy rating, and sets the target price at $12.
According to TipRanks data, the analyst has a success rate of 69.2% and a total average return of 11.5% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Warner Bros Discovery (WBD.US)$'s main analysts recently are as follows:
The firm suggests that the acceleration of profitability growth in streaming, alongside a more optimistic growth forecast for studio operations in the upcoming year, and an increased likelihood of acquisitions, might balance out the widely acknowledged risks associated with potential distribution losses.
Warner Bros. Discovery's recent financial disclosure revealed a 3.6% decline in revenue for Q3, alongside the company reporting its initial positive GAAP operating income and net income since the merger in early 2022.
Note:
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