Warner Bros Discovery to cut nearly 1,000 ad sales jobs - source

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JPMorgan Reinstates Warner Brothers Discovery (WBD) at Neutral

June 16, 2022 7:24 AM EDT

JPMorgan analyst Philip Cusick reinstates coverage on Warner Brothers Discovery (NASDAQ: WBD) with a Neutral rating and a price target of $22.00.

The analyst comments "We are moving to a Neutral rating and a December 2023 price target of $22 for Warner Brothers Discovery (WBD)... More