Morgan Stanley Maintains Overweight on Walt Disney, Lowers Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Benjamin Swinburne maintains an Overweight rating on Walt Disney (NYSE:DIS) but lowers the price target from $120 to $110.

June 05, 2023 | 11:31 am
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Morgan Stanley maintains an Overweight rating on Walt Disney, but lowers the price target from $120 to $110.
Morgan Stanley's lowered price target for Walt Disney may cause some short-term uncertainty among investors, but the maintained Overweight rating indicates a positive outlook for the stock. The impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100