Disney, Warner Bros. Discovery, Paramount, Fox Corp. Face Stock Price Target Cuts

Macquarie media tech analyst Tim Nollen has lowered his stock price targets for Walt Disney, Warner Bros. Discovery, Paramount and Fox Corp., citing weak ad markets and elusive streaming profitability. Nollen is the latest Wall Street watcher to weigh in as TV advertising budgets fall while marketers trim costs amid recessionary and inflation risks…
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