Wells Fargo Maintains Overweight on Walt Disney, Raises Price Target to $141
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Steven Cahall has maintained an Overweight rating on Walt Disney (NYSE:DIS) and increased the price target from $128 to $141, indicating a positive outlook on the company's stock.
April 23, 2024 | 3:51 pm
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POSITIVE IMPACT
Wells Fargo has raised the price target for Walt Disney (DIS) from $128 to $141 and maintained an Overweight rating, signaling confidence in the company's future performance.
The increase in price target by a reputable analyst like Steven Cahall from Wells Fargo is a strong indicator of confidence in Walt Disney's stock. This adjustment reflects an optimistic view on the company's future earnings potential and overall financial health, likely leading to positive investor sentiment and a potential increase in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100