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Discovery Communications up as Nomura boosts target

Jul. 07, 2015 9:27 AM ETWarner Bros. Discovery, Inc. (WBD) StockWBDBy: Jason Aycock, SA News Editor
  • Discovery Communications (NASDAQ:DISCA) is up 1.1% premarket as Nomura boosts its price target to $34, from $31.
  • Shares closed yesterday at $33.09.
  • The stock has been the subject of neutral coverage of late. More than a dozen firms have ratings equivalent to Hold, with price targets implying about a 25% upside (just over $41).
  • Discovery shares are down 4% YTD.
  • Previously: Comcast, Discovery negotiating carriage as 'Shark Week' looms (Jul. 01 2015)

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