B of A Securities Maintains Buy on Walt Disney, Lowers Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Jessica Ehrlich maintains a Buy rating on Walt Disney (NYSE:DIS) but lowers the price target from $145 to $120.
August 08, 2024 | 3:55 pm
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B of A Securities analyst Jessica Ehrlich maintains a Buy rating on Walt Disney but lowers the price target from $145 to $120.
The Buy rating suggests continued confidence in Walt Disney's long-term prospects, 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