Warner Bros. Analyst Sees Rebound Ahead: Box Office Gains, DC Relaunch, Spin-Off Plan Could Unlock Hidden Value

1. Bank of America maintains 'Buy' rating for WBD with price target raised to $16. 2. WBD's second-quarter earnings driven by strong box office performance, despite linear challenges. 3. DC Universe relaunch could significantly boost revenue and subscriber engagement. 4. WBD plans to separate into two publicly traded entities, recovering $2 billion in debt. 5. Second-quarter revenue expected at $9.56 billion with adjusted EBITDA of $1.79 billion.