Warner Bros Discovery Reaches Analyst Target Price
December 13, 2024 at 06:55 AM EST
In recent trading, shares of Warner Bros Discovery Inc (WBD) have crossed above the average analyst 12-month target price of $11.16, changing hands for $12.49/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..
