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KeyBanc Maintains Warner Bros Discovery(WBD.US) With Buy Rating

Futu News ·  Nov 11 16:32  · Ratings

KeyBanc analyst Brandon Nispel maintains $Warner Bros Discovery (WBD.US)$ with a buy rating.

According to TipRanks data, the analyst has a success rate of 60.6% and a total average return of 6.7% over the past year.

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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 in streaming, alongside a more promising growth forecast for the studio in the coming year, in addition to a heightened likelihood of acquisitions, could potentially balance out the widely recognized risk associated with distribution losses.

  • Warner Bros. Discovery's recent financial disclosure indicated a revenue decline of 3.6% in the third quarter. Additionally, the company reported its initial positive GAAP operating income and net income since the merger in early 2022.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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