FBR Capital analyst Barton Crockett says performance positives near term can help shares of Disney recover from the recent selloff. The company can separate itself from media peers with solid ad trends in the second half of 2015 when football returns, Crockett tells investors in a research note titled "Performance Is the Best Defense: How Disney, Near Term, Can Separate from Peers." Disney can also benefit near term from the retail push for Star Wars movie merchandise, starting with a midnight door-buster national product launch on September 4, the analyst writes. After a second Wall Street downgrade this week, shares of Disney dropped yesterday $6.44 to $100.01. Crockett has an Outperform rating on the owner of ABC and ESPN with a $124 price target.
Netflix (NFLX) is scheduled to report its first quarter 2024 financial results and business outlook on Thursday, April 18. A video interview... To see the rest of the story go to thefly.com. See Story Here
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here