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DIS

Consumer Sector Update for 12/21/2015: TIF, DIS

Top Consumer Shares:

WMT: flat

MCD: flat

DIS: +1.7%

CVS: flat

KO: flat

GE: +0.4%

Consumer shares were mainly unchanged ahead of of the opening bell on Monday.

In consumer stocks news, the Walt Disney Company ( DIS ) reported stronger-than-expected weekend box office sales for "Star Wars: The Force Awakens."

The Disney picture grossed an estimated $238 million in the U.S. and Canada, ahead of some analysts' estimates for $220 million.

Shares in the company were 1.7% higher in recent pre-market trade at $109.50. This is within the upper band of the stock's 52 week trading range between $90 and $122.08.

Jewelry company Tiffany & Co ( TIF ) has been upgraded by Jefferies to a buy rating from a hold. The firm also raised its price target on the stock to $100 from $88 a share.

Shares in the company were inactive at $71.84 pre-bell. This is very close to the stock's 52 week low of $71.80. The company's 52 week high is $109.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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