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Stock impact report

Peak Demand Days to Drive Q1 Performance for Walt Disney (DIS) [Yahoo! Finance]

Walt Disney Company (The) (DIS) 
Last walt disney company (the) earnings: 2/4 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
On January 5, Bank of America Securities analyst Jessica Reif Ehrlich reaffirmed her Buy rating for Walt Disney Company (NYSE:DIS). She estimated a target price of $140, which yields nearly 24% upside from the current level. scyther5/Shutterstock.com Ehrlich predicts mixed results for the first quarter across various business segments. She predicts solid box office numbers for “Zootopia 2”, but at the same time, meager outcomes are expected from live-action releases. At the back end of the first quarter, the successful launch of Disney Adventure is also scheduled, which will be the company's largest cruise ship so far. Despite attendance-related challenges, Ehrlich anticipates single-digit growth in revenues from the Experiences segment. Wells Fargo analyst Steven Cahall also reiterated his outperform rating on Walt Disney Company (NYSE:DIS). Cahall gave a Buy call on the stock on January 5, with a price target of $152, leading to around 35% upside potential. Wells Fargo also Show less Read more
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