Form 8-K WALT DISNEY CO/ For: Aug 04
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Guggenheim Lowers PT on Disney (DIS) to $120 Post-Q3 Report; Plenty of Positives Amid Cautious Outlook
August 5, 2015 6:26 AM EDTGuggenheim trims its price target on Buy-rated Disney (NYSE: DIS) from $127 down to $120 following Q3 results on Tuesday night.
Analyst Michael Morris commented, Management surprised investors with a cautious outlook for fiscal 2016, citing an estimated $500mm FX-driven profit headwind and slowing profit... More
