Entertainment giant The Walt Disney Company (
) on Wednesday caught some bullish commentary from analysts at
The firm maintained its "Outperform" rating on DIS and lifted
its price target to $50. That new target suggests a 13% upside tot
he stock's Tuesday closing price of $44.30.
Credit Suisse also raised its earnings estimates for the
company, citing higher growth in cable, parks and broadcasting
Disney shares posted small losses in premarket trading
The Bottom Line
Shares of Walt Disney Company (
) have a 1.35% dividend yield, based on last night's closing stock
price of $44.30. The stock has technical support in the $40 price
area. The shares are trading at all-time highs.
The Walt Disney Company (
) is not recommended at this time, holding a Dividend.com DARS™
Rating of 3.4 out of 5 stars.
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, as well as a detailed explanation of
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