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Fly News Breaks for May 12, 2015
DIS
May 12, 2015 | 08:04 EDT
Deutsche Bank raised its price target for Disney shares to $120 to reflect the company's better than expected Q2 results. Deutsche expects box office success to drive continued margin expansion. It keeps a Hold rating on Disney, however, on the belief that the market is recognizing the company's value at current share levels.