HomeTechFAANGWarner Bros. Discovery (WBD) Gets Upgrade, Sees "Attractive Narrative"
Warner Bros. Discovery (WBD) Gets Upgrade, Sees "Attractive Narrative"

Warner Bros. Discovery (WBD) has been upgraded to buy from neutral by Guggenheim. George Tsilis discusses this upgrade as the Guggenheim analyst note says it sees an "attractive narrative" for 2023, with domestic affiliate renewals, strong cost controls, and new max product. He also compares WBD to FOXA, DIS, NFLX, and PARA. He then demonstrates an example trade using WBD. The trade type is a call spread, and the direction is bullish. Tune in to find out more about the stock market today.

Trading 360

11 Jan 2023

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