Buying WBD’s stock ahead of a possible Paramount deal? This analyst is cautious.
1. Analyst Doug Creutz suggests a possible merger between WBD and Paramount. 2. Creutz cut WBD's rating to hold due to recent stock rally risks. 3. WBD shares saw a 50% spike, closing near $20 amid speculation. 4. Potential risks could lead shares back to $11-$12 without a bid. 5. Creutz believes regulatory hurdles may impact a bidding war for WBD.