Twitter (TWTR) Gains on Renewed Chatter After Lloyd/Jack Photo

Go back to Twitter (TWTR) Gains on Renewed Chatter After Lloyd/Jack Photo

Walt Disney (DIS) PT Raised to $130 at BofA/Merrill Lynch on $71B Fox Film & TV Assets Deal; 'Welcome Step Towards Industry Reshaping'

December 15, 2017 8:25 AM EST

BofA/Merrill Lynch raised its price target on Walt Disney (NYSE: DIS) to $130.00 (from $120.00) while maintaining a Buy rating, following the company's announcement to acquire most of 21st Century Fox assets for $71 billion.

Analyst Jessica Reif Cohen notes a positive outlook on the shares,... More