Warner Bros. Analyst Sees Rebound Ahead: Box Office Gains, DC Relaunch, Spin-Off Plan Could Unlock Hidden Value

Bank of America Securities analyst Jessica Reif Ehrlich maintained a Buy rating on Warner Bros. Discovery (NASDAQ:WBD) with a price target of $16, up from $14 on Tuesday. Ehrlich anticipated that WBD’s second-quarter earnings would reflect a strong quarter at the box office, offset by industry…