Disney's underlying business trends continue to be healthy, JPMorgan analyst Alexia Quadrani tells investors in a research note. She raised her price target for the shares to $124 from $118 and reiterates an Overweight rating on the name. Pivotal Research this morning downgraded the stock to Sell citing a riskier political environment in the U.S. Quadrani says Disney is one of the best-positioned companies in her media universe given its "diverse portfolio of assets and unparalleled intellectual property." She admits, however, that the company's Q1 is likely to be a "light quarter" due to certain timing shifts and difficult comparisons.
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
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