BUZZ-Benchmark lifts Warner Bros Discovery PT

Reuters01-15
BUZZ-Benchmark lifts Warner Bros Discovery PT

** Brokerage Benchmark lifts PT on Warner Bros Discovery WBD.O to $32 from $30, implying a 11.8% upside to stock's last close

** Maintains 'buy' and raises PT, but removes stock from its 'Best Ideas' list, citing a roughly 12% perceived upside and uncertainty tied to regulatory and litigation hurdles, including a new Paramount Skydance PSKY.O lawsuit and a proxy fight

** WBD and probably Netflix NFLX.O stock could soon marginally benefit from a possible $27.75-per-share all-cash offer in lieu of the structure including NFLX stock - Benchmark

** Brokerage estimates WBD's Global Networks unit is readily worth $4-$5 per WBD share as a complement to $27.75 NFLX bid

** Nine of 22 brokerages recommend a rating of "buy" or higher, twelve recommend "hold" and one "sell"; stock has a median PT of $28.75, according to LSEG compiled data

** WBD rose ~173% in 2025

(Reporting by Arnav Mishra in Bengaluru)

((Arnav.Mishra@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment