Stephens & Co. Reiterates Overweight on Avid Bioservices, Maintains $22 Price Target

Stephens & Co. analyst Jacob Johnson reiterates Avid Bioservices (NASDAQ:CDMO) with a Overweight and maintains $22 price target.

Stephens & Co. analyst Jacob Johnson reiterates Avid Bioservices (NASDAQ:CDMO) with a Overweight and maintains $22 price target.

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Warner Bros. Discovery Eyes Turnaround with Upcoming Disney+ Bundle and NBA Deal, Analysts Say

Nispel upgraded Warner Bros. Discovery (WBD) from Sector Weight to Overweight with a $11 price target. WBD reported Q1 revenue below consensus, impacted by content impairment. Nispel expects a short-term rally as numbers stabilize and DTC improves. Martin reiterated Hold rating, noting WBD's Max bundle with Disney+ and Hulu launching this summer and potential for larger bundles in the future. Reif Ehrlich maintained Buy rating with $14 price target, citing upcoming catalysts and undemanding valuation. NBA media rights renewal is a key near-term event. WBD's Q1 performance reflects macro and linear ecosystem challenges. Network advertising was -11%.

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