Is it possible to change a report's location?

I created a new report and was not paying attention to the location where the report was created. Now the report is not showing in the same location as the other reports. I thought I could modify the location in the report properties or drag and drop it to the correct location but it is not working. Do I just need to create a new report in the correct location and delete the old report? Will this break the widget I have linked to the old report? Any assistance you can provide would be greatly appreciated.

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