HomeIndustriesEntertainment & MediaWBD Split Under Scrutiny, Roku Streams Ahead with Buy Rating

WBD Split Under Scrutiny, Roku Streams Ahead with Buy Rating

Warner Brothers Discovery's (WBD) decision to split into two separate publicly traded companies has left many investors wondering if this move will prove profitable. CFRA's Kenneth Leon shares his thoughts on the split and why he's maintaining a hold opinion on shares of Warner Brothers Discovery for now. Meanwhile, he's more bullish on Roku (ROKU), reiterating his buy rating and raising his price target to $15, citing the company's growth potential in the streaming industry and its proprietary operating system and platform.

Market On Close

11 Jun 2025

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