Walt Disney (DIS) option IV near low end of range as shares close below $89

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Implied value of Walt Disney (DIS) content is 'too low here,' says Morgan Stanley

June 5, 2023 11:18 AM EDT

Morgan Stanley reiterated an Overweight rating on Walt Disney (NYSE: DIS) but cut its price target on the stock to $110 from $120 in a note to clients Monday.

Analyst Benjamin Swinburne told investors that while the company is in the midst of restructuring its media... More