Truist Securities Maintains Buy on Walt Disney, Lowers Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Matthew Thornton maintains a Buy rating on Walt Disney (NYSE:DIS) but lowers the price target from $121 to $105.

May 30, 2023 | 10:17 am
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Truist Securities maintains a Buy rating on Walt Disney (NYSE:DIS) but lowers the price target from $121 to $105.
The news of Truist Securities maintaining a Buy rating on Walt Disney indicates a positive outlook for the company. However, the lowering of the price target from $121 to $105 suggests a more conservative valuation. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100