Disney shares stumble as expectations outpace reality
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Nomura Securities Remains Bullish on Disney (DIS) as 2Q Results Miss Expectations
May 11, 2016 10:03 AM EDTNomura Securities maintained a Buy rating and $115.00 price target on Walt Disney (NYSE: DIS) following the company's 2Q earnings report. Star Wars: The Force Awakens and Zootopia propelled 69% YoY growth in theatrical distribution revenue. However, revenue and operating income declined at Consumer Products and Interactive Media,... More
