Activist investor Nelson Peltz declares Disney (DIS) proxy fight is over - CNBC
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JPMorgan Resumes Walt Disney (DIS) at Overweight
February 13, 2023 7:17 AM ESTJPMorgan analyst Philip Cusick resumes coverage on Walt Disney (NYSE: DIS) with a Overweight rating and a price target of $135.00.
The analyst comments "Following a period of restriction, we are moving to an Overweight rating and a December 2023 price target of $135 (OW rating and December 2023 price target... More
Walt Disney (DIS) says it appreciates Trian Fund is no longer pursuing a proxy contest
February 9, 2023 12:20 PM ESTThe Walt Disney Company (NYSE: DIS) Board of Directors issued the following statement today in response to Nelson Peltzs announcement that Trian Fund is no longer pursuing a proxy contest at Disney:
We respect and value the input of all our... More
Bob Iger's Disney revamp could keep critic Peltz 'at bay'
February 9, 2023 9:14 AM EST(Reuters) - Walt Disney Co CEO Bob Iger dazzled Wall Street on Wednesday with sweeping changes and billions of dollars in cost cuts, and some analysts are convinced that will be enough to sway its harshest critic - activist investor Nelson Peltz.
In his first earnings call since returning to the top job in November, Iger addressed several points that Peltz had raised in his proxy battle against Disney, which will come to a head on April 3 with a vote on if the activist should get a board seat.
... More