Disney shares are trading higher after Barclays upgraded the stock from Equal-Weight to Overweight and raised its price target from $95 to $135.
Portfolio Pulse from Benzinga Newsdesk
Disney shares are trading higher following an upgrade by Barclays from Equal-Weight to Overweight, with a price target increase from $95 to $135.
March 25, 2024 | 2:18 pm
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POSITIVE IMPACT
Disney's stock is experiencing an uplift after Barclays upgraded the rating to Overweight and increased the price target to $135.
The upgrade by Barclays to Overweight signifies a strong confidence in Disney's future performance. The substantial increase in the price target from $95 to $135 reflects an optimistic outlook on the company's value, likely influencing investor sentiment positively and driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100