Huber Research analyst Craig Huber downgraded Netflix (NFLX) to Underweight from Neutral with a $92 price target after the company announced an agreement to buy the studio and streaming assets of Warner Bros. Discovery (WBD)
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- Paramount bid $30 per share cash for all of Warner Bros. Discovery, CNBC says
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- Netflix drops 2% to $100.68 after Warner Bros. Discovery deal
