Barclays Maintains a 'Equalweight' on Walt Disney (DIS); Parks and Broadcast Give Push; ESPN Hums Along

Barclays maintains a 'Equalweight' on Walt Disney (NYSE: DIS) price target raised from $44 to $48.

Analyst, Anthony DiClemente, said, "For the full year, we are increasing our EPS estimates given the strong debut of The Avengers, but are tempering our expectations at ESPN owing largely to lower deferred revenue recognition next quarter. We are raising our PT to $48, which is based on 16x FY2012E EPS, reflecting a mid-single-digit revenue grower with a high quality media portfolio."

FY12 EPS estimate raised from $2.93 to $2.97, but FY13 from $3.39 to $3.38.

For an analyst ratings summary and ratings history on Walt Disney click here. For more ratings news on Walt Disney click here.

Shares of Walt Disney closed at $44.30 yesterday.

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