Morgan Stanley raised the firm’s price target on Warner Bros. Discovery (WBD) to $29 from $15 and keeps an Equal Weight rating on the shares. The Media and Entertainment industry heads into 2026 with “solid fundamental momentum,” says the analyst, who recommends stocks in the group that it believes are insulated from AI disruption, will benefit from demand for premium experiences, or have a differentiated earnings outlook.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WBD:
- Warner Bros. wants stronger personal guarantee from Ellison, WSJ reports
- Warner Bros. Stock (WBD) Edges Higher as Hedge Fund Explores Deal for Cable Networks
- SPY ETF Daily Update, 12/17/2025
- Warner Bros. Discovery game ‘Hogwarts Legacy’ surpasses 40M units sold
- Midday Fly By: Warner Bros. urges investors to reject Paramount bid