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 $130 to $110.
August 05, 2024 | 5:04 pm
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Morgan Stanley analyst Benjamin Swinburne maintains an Overweight rating on Walt Disney but lowers the price target from $130 to $110.
The Overweight rating suggests a positive long-term outlook, but the lowered price target indicates some short-term concerns or adjustments in valuation. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100