Walt Disney (DIS) PT Raised to $140 at Rosenblatt

Rosenblatt analyst Barton Crockett raised the price target on Walt Disney (NYSE: DIS) to $140.00 (from $135.00) while maintaining a Buy rating.

The analyst commented: "We update our Disney estimates, including latest thoughts on Experiences, ad sales, ESPN streaming, and movies. So much is strong right now, that if we avoid a recession we believe estimates can move up, and the multiple, too. Our $140 price target is upped by $5 on modestly higher estimates. Maintain BUY."

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