Citigroup Maintains Buy on Walt Disney, Lowers Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jason Bazinet has maintained a 'Buy' rating on Walt Disney (NYSE:DIS) but lowered the price target from $125 to $120.

August 16, 2023 | 3:32 pm
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Citigroup has maintained a 'Buy' rating on Walt Disney but lowered the price target from $125 to $120.
The news is directly related to Walt Disney. While the 'Buy' rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook for the company's stock in the short term. However, the impact on the stock price is uncertain as the rating is still 'Buy'.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100