UBS Maintains Buy on Walt Disney, Lowers Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
UBS analyst John Hodulik maintains a Buy rating on Walt Disney (NYSE:DIS) but lowers the price target from $130 to $120.

August 08, 2024 | 2:06 pm
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UBS analyst John Hodulik maintains a Buy rating on Walt Disney but lowers the price target from $130 to $120.
The maintained Buy rating suggests continued confidence in Walt Disney's long-term prospects. However, the lowered price target indicates some short-term concerns or adjustments in valuation, which may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100