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Walt Disney (DIS) can deliver 'significant earnings growth' long-term - Morgan Stanley

December 12, 2022 3:54 PM EST

Morgan Stanley analyst Benjamin Swinburne reiterated an Overweight rating on Walt Disney (NYSE: DIS) shares, cutting the firm's price target on the stock to $115 from $125 per share.

Swinburne told investors in a research note that the returning CEO arrives with Disney facing "known but real secular and cyclical headwinds," however, their analysis suggests cost opportunities at the... More