Reported about 13 hours ago
Jefferies analyst James Heaney upgraded Disney's stock rating from Hold to Buy, citing limited risk of a parks slowdown, positive forecasts for the cruise business, margin expansion in direct-to-consumer sales, and a promising content slate over the next six months. Heaney set a price target of $144, indicating an 18% potential upside from the current share price of $124.84. Despite challenges within the media industry and an ongoing CEO search, Heaney remains optimistic about Disney's future growth.
Source: YAHOO