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Fly News Breaks for February 1, 2016
DIS
Feb 1, 2016 | 07:13 EDT
Jefferies analyst John Janedis lowered his price target for Disney to $92 saying domestic growth at the parks is likely to moderate. With Star Wars positioned to meet global expectations, investors are likely to focus on ESPN, Shanghai and Disney's domestic parks, Janedis tells investors in a research note. He believes park occupancy is approaching peak levels and that ticket price increases are likely to slow. Janedis keeps a Hold rating on Disney.
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