Economy slowed by lagged impact of monetary policy, but recession still ways off

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Go back to Economy slowed by lagged impact of monetary policy, but recession still ways off

Cisco (CSCO) PT Raised to $58 at Rosenblatt

August 15, 2024 6:44 AM EDT

Rosenblatt analyst Mike Genovese raised the price target on Cisco (NASDAQ: CSCO) to $58.00 (from $56.00) while maintaining a Neutral rating.

The analyst comments "We thought it was a pretty good quarter, but are maintaining a Neutral rating, We would rather own Extreme (EXTR, Buy) for... More

Warner Brothers Discovery (WBD) PT Lowered to $11 at Citi

August 13, 2024 4:12 PM EDT

Citi analyst Jason Bazinet lowered the price target on Warner Brothers Discovery (NASDAQ: WBD) to $11.00 (from $14.00) while maintaining a Buy rating.

The analyst comments "Updating Our Model WBD reported 2Q24 revenue and Adj. EBITDA below the Street. Management reiterated that it expects 2025 DTC... More

Warner Bros Discovery cut at Bernstein on longer road to recovery

August 13, 2024 9:02 AM EDT

Warner Bros. Discovery (NASDAQ: WBD) was downgraded from Outperform to Market-Perform by Bernstein in a note Tuesday, reflecting a dimmer outlook for the company's recovery.

The firm has also lowered its price target to $8 from $10, citing significant challenges ahead.

Bernstein analysts expressed disappointment in WBD's Q2 performance, noting that the company "missed on all key financial metrics."... More