Rosenblatt Cuts The Walt Disney Company (DIS) PT Despite Q1 Earnings Beat

robot
Abstract generation in progress

Rosenblatt analyst Barton Crockett reduced his price target on Disney (DIS) to $130 from $139, despite the company exceeding Q1 earnings expectations, citing a lack of passion in management’s tone. Disney reaffirmed its double-digit EPS growth forecast for the full year, with a projected slowdown in Q2 and recovery in the second half. The company also recently issued a cease-and-desist letter to ByteDance concerning alleged unauthorized use of its intellectual property for AI training.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin