Loop Capital Maintains Buy Rating for Walt Disney: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Loop Capital maintains its Buy rating for Walt Disney (NYSE:DIS) but lowers its price target from $120 to $110. Disney shares are trading up 1.03% at $89.01, and a move to $110 would represent a 23.58% increase.
June 26, 2023 | 5:02 pm
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Loop Capital maintains Buy rating for Walt Disney (NYSE:DIS) and lowers price target from $120 to $110. Shares are trading up 1.03% at $89.01.
Loop Capital's decision to maintain its Buy rating for Walt Disney indicates a positive outlook for the company's stock. However, the lowered price target from $120 to $110 suggests a slightly less optimistic view on the stock's potential growth. The current share price increase of 1.03% also supports a positive short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100