DIS, WBD, PARA: Streaming Stocks Get Downgraded

Disney+ ad tier could generate $800M in revenue and $150M from ads in 2023, says Tim Nollen. He discusses streaming stocks such as Walt Disney (DIS), Warner Bros Discover (WBD), and Paramount (PARA). He notes that Macquarie Group lowered DIS price target to $110 from $120, but that the stock can recover if it sticks to plan on DTC profitability. He also goes over how Macquarie Group lowered WBD's price target to $16 from $18. Tune in to find out more about the stock market today.

Trading 360

04 Jan 2023

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