2020-12-01 09:13:59 DIS Disney
12/01/20 12/0109:13 12/01/2009:13 | Disney price target raised to $155 from $126 at UBSUBS analyst John Hodulik raised the firm's price target on Disney to $155 from $126 but keeps a Neutral rating on the shares. The company is still the "best positioned" traditional media company to compete with "internet giants" as video consumption moves online, the analyst tells investors in a research note. Hodulik adds that at its December analyst meeting, Disney will update on the company's plans to drive the growth of its DTC platform with focus on guidance for streaming subscribers across each of its platforms and also disclose its "new windowing and pricing strategies" for content releases. |
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