Discovery (DISCA) Receives a Buy from Barrington


In a report released today, James Goss from Barrington maintained a Buy rating on Discovery (DISCA), with a price target of $40.00. The company’s shares closed last Monday at $29.89.

According to TipRanks.com, Goss is a 4-star analyst with an average return of 6.8% and a 53.9% success rate. Goss covers the Services sector, focusing on stocks such as Clear Channel Outdoor, Nexstar Media Group, and Lions Gate Ent Cl A.

Currently, the analyst consensus on Discovery is a Moderate Buy with an average price target of $33.63, which is a 13.1% upside from current levels. In a report issued on November 8, Evercore ISI also maintained a Buy rating on the stock with a $36.00 price target.

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The company has a one-year high of $32.87 and a one-year low of $23.79. Currently, Discovery has an average volume of 3.71M.

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Discovery, Inc. is a media company, which engages in the provision of content across distribution platforms and digital distribution arrangements. It operates through the following segments: U.S. Networks, International Networks, Education and Other, and Corporate and Inter-segment Eliminations.

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