Economy slowed by lagged impact of monetary policy, but recession still ways off
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Cisco (CSCO) PT Raised to $58 at Rosenblatt
August 15, 2024 6:44 AM EDTRosenblatt 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 EDTCiti 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 EDTWarner 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
