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Fly News Breaks for February 10, 2016
DIS
Feb 10, 2016 | 07:06 EDT
Jefferies analyst John Janedis says that while Disney reported a Q1 earnings beat on strong Star Wars results, the Street will focus on its Cable Net affiliate fee growth, which missed expectations at up 3.5%. The analyst keeps a Hold rating on Disney citing downside risk to Cable segment earnings, rising costs due to the Shanghai opening and a deceleration in domestic Park earnings growth. Janedis has a $92 price target for the shares.
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