Warner Brothers explores acquiring a potential target and receives a "buy" rating and a target price of $28 from Redburn.

Wisdom Finance APP learned that Redburn Atlantic upgraded its rating on Warner Brothers Discovery (WBD.US) from "Neutral" to "Buy" on Thursday, October 30th, with a target price of $28, representing a 31.2% upside potential. The reason for the upgrade is that several companies have recently expressed interest in acquiring its assets, with Paramount (PSKY.US) intentions being particularly noteworthy.