Warner Bros Discovery (WBD) to Cut Up to 30% Workforce, Shares Gain

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Coinbase Global Inc. (COIN) PT Lowered to $61 at JPMorgan

June 16, 2022 9:43 AM EDT

JPMorgan analyst Kenneth Worthington lowered the price target on Coinbase Global Inc. (NASDAQ: COIN) to $61.00 (from $68.00) while maintaining a Neutral rating.

The analyst comments "Late night and on the road, we reflect on Coinbases decision to eliminate 1,100 jobs. Based on the... More

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