Report suggesting Disney (DIS) is looking to potentially spinoff ESPN are inaccurate - CNBC
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Walt Disney (DIS) Stock Slips as Barclays Downgrades Amid Disney+ Growth Slowdown
October 18, 2021 11:23 AM EDTBarclays analyst Kannan Venkateshwar downgraded shares of Walt Disney (NYSE: DIS) to Equal Weight from Overweight with a price target cut by 17% to $175.00 per share.
The analyst believes the long-term guidance for Disney+ subscriber additions is at risk following a significant slowdown in growth this year.
Despite launching new franchise titles, day and date movie releases and Star+. Part of this slowdown could be a function of growth pull forward into 2020 and promo roll offs, but we believe it could be due to... More
Walt Disney (DIS) gains on speculative report they could spin-off ESPN
October 15, 2021 2:06 PM EDTWalt Disney (NYSE: DIS) gains on a speculative report they could spin-off ESPN.
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