Powell's speech, Disney's board battle, Tesla - what's moving markets

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Walt Disney (DIS) PT Raised to $130 at Evercore ISI

April 8, 2024 4:34 AM EDT

Evercore ISI analyst Vijay Jayant raised the price target on Walt Disney (NYSE: DIS) to $130.00 (from $115.00) while maintaining a Outperform rating.

The analyst comments "From October 2005, when Bob Iger first became CEO, through 2015, when ESPN began losing subscribers,... More

What comes next for Walt Disney stock after proxy fight?

April 4, 2024 2:00 PM EDT

In the recent proxy battle between Walt Disney (NYSE: DIS) and activist investor Nelson Peltz, Peltz's Trian Fund Management launched a campaign aiming to instate Peltz and former Disney CFO Jay Rasulo on the Disney board.

However, Disney emerged victorious in the proxy battle, with the company's board nominees winning re-election and Disney's shareholders rejecting Peltz's bid for a... More

Nelson Peltz's Trian Partners made $300m on Walt Disney (DIS) investment

April 4, 2024 6:27 AM EDT

According to a report from the Wall Street Journal on Thursday, Nelson Pelt's Trian Partners made around $300 million in profit on its 16-month investment in Walt Disney (NYSE: DIS).

The activist investor was defeated in his board battle with Disney, but Peltz's firm made a significant gain on its... More

Tesla (TSLA) PT Lowered to $310 at Morgan Stanley, 'Near Term Fearful vs. Long Term Greedy'

April 4, 2024 6:10 AM EDT

Morgan Stanley analyst Adam Jonas lowered the price target on Tesla (NASDAQ: TSLA) to $310.00 (from $320.00) while maintaining a Overweight rating.

The analyst comments "Teslas weak 1Q update is a clear sign of the ongoing EV shakeout phase. Our revised FY24 delivery est... More