Disney earnings beat estimates in first results since proxy battle

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Go back to Disney earnings beat estimates in first results since proxy battle

Barclays explains why Disney stock sell off is overdone

May 8, 2024 10:30 AM EDT

The Walt Disney (NYSE: DIS) selloff is overdone, according to analysts at Barclays, who believe concerns with respect to theme park operating income growth have been overplayed.

Disney stock fell more than 9% during Tuesday's session in reaction to its latest quarterly earnings release, which saw it beat earnings but miss revenue expectations.

"The most credible buyside pushback we heard was... More

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