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Walt Disney Stock Upgraded on Macroeconomic Outlook
DISDisney(DIS) Schaeffers Investment Research·2024-09-30 23:02

Walt Disney Co (NYSE:DIS) is down 0.2% to trade at 95.85atlastglance,evenafterSeaportResearchupgradedthebluechipstockto"buy"from"neutral,"citingitsimprovedmacroeconomicoutlook.Thebrokeragealsolifteditspricetargetto95.85 at last glance, even after Seaport Research upgraded the blue chip stock to "buy" from "neutral," citing its improved macroeconomic outlook. The brokerage also lifted its price target to 108, which is close to analysts' consensus price target of $110.86. Walt Disney stock is on track to snap a five-month losing streak today, and is fresh off its fourth-straight daily gain. Since the start of the year, the equity is up 6.2%. A short-term dip could so ...