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Fly News Breaks for February 10, 2016
DIS
Feb 10, 2016 | 07:24 EDT
Investors are focusing on a "tiny pimple to miss a pretty face" with Disney shares trading lower post earnings after the company reported slow affiliate fee growth at ESPN, FBR Capital analyst Barton Crockett tells investors in a research note. Star Wars "crushed it" while stronger than expected retransmission fees for ABC are nearly completely offsetting slower ESPN affiliates, the analyst writes. Crockett lowered his price target for Disney to $101 from $110 and keeps an Outperform rating on the name.