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Walt Disney (DIS) Tops Q2 EPS by 3c, Sales Beat

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Walt Disney (DIS) PT Raised at Nomura Following Strong Q2

May 8, 2013 7:58 AM EDT

Nomura Securities reiterated a Buy rating and raised its price target on Walt Disney (NYSE: DIS) from $63 to $67 following strong Q2 results with the EPS beat driven by 3% higher operating profit and lower interest expense offset by higher tax payments and minority interest at ESPN.

"As we had expected, Disney's quarter... More