Trian Applauds Recent Initiatives Announced by Disney as a Win for All Shareholders and Concludes Proxy Campaign

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JPMorgan Resumes Walt Disney (DIS) at Overweight

February 13, 2023 7:17 AM EST

JPMorgan 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 EST

The 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