Major Bank Ratings | Deutsche Bank: If Paramount and Warner Bros. Merge, They Will Be Seen as Strong Competitors to Netflix

Glonghui, February 28th｜Deutsche Bank released a report stating that the merger between Warner Bros. Discovery and Paramount Global will create a powerful global streaming platform, becoming a strong competitor to Netflix in the United States. Analyst Bryan Kraft raised the target price for Warner Bros. Discovery to $31, but downgraded the rating to "Hold," citing limited upside potential. The analyst added that the merged company will possess all the content and intellectual property necessary for large-scale success, and the deal should pass regulatory review with minimal resistance.