Disney reports shrinking TV business, shares tumble

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Walt Disney (DIS) PT Lowered to $128 at Evercore ISI

May 8, 2024 5:18 AM EDT

Evercore ISI analyst Vijay Jayant lowered the price target on Walt Disney (NYSE: DIS) to $128.00 (from $130.00) while maintaining a Outperform rating.

The analyst comments "DIS sold off 10% against a flat tape despite a broadly healthy 2Q print (in line revenue; beats... More