Barclays raised the firm’s price target on Warner Bros. Discovery (WBD) to $12 from $10 and keeps an Equal Weight rating on the shares following the earnings report. The firm says network advertising is showing no signs of stabilization but Warner’s other segments should provide a “better floor” in 2025. Management commentary seems to point to possibility of consolidated EBITDA growth in 2026 for the first time in years, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WBD:
- Warner Bros. Faces Mixed Prospects: Hold Rating Maintained Amidst Challenges and Promising 2025 Outlook
- Warner Bros. Discovery Reports 2024 Earnings and DTC Growth
- Warner Bros. Discovery’s Earnings Call Highlights Growth and Challenges
- Warner Bros’ Growth Potential and Strategic Management Reinforce Buy Rating
- Warner Bros. Discovery files automatic mixed securities shelf