Warner Bros. Discovery delivers Q3 profit but revenue misses estimates

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Warner Brothers Discovery (WBD) PT Raised to $9 at Macquarie

November 8, 2024 9:24 AM EST

Macquarie analyst Tim Nollen raised the price target on Warner Brothers Discovery (NASDAQ: WBD) to $9.00 (from $8.00) while maintaining a Neutral rating.

The analyst comments "Revenue fell 3.6% in 3Q24, but WBD reported its first positive GAAP OI and net income since merging in early... More