Walt Disney (DIS) PT Raised to $135 at Morgan Stanley, 'Realistic Optimism'
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Get Alerts DIS Hot Sheet
Price: $118.95 +4.18%
Rating Summary:
36 Buy, 19 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 17 | Down: 29 | New: 13
Rating Summary:
36 Buy, 19 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 17 | Down: 29 | New: 13
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(Updated - March 4, 2024 4:18 AM EST)
Morgan Stanley analyst Benjamin Swinburne raised the price target on Walt Disney (NYSE: DIS) to $135.00 (from $110.00) while maintaining a Overweight rating.
The analyst comments "We raise estimates and our PT to reflect a more rapid and confident path to streaming profits in the quarters and years ahead. By the end of FY24, the two most impactful businesses to DIS shares should be inflecting - with streaming turning profitable and Parks growth accelerating."
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