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Walt Disney Stock Could Extend Rally After Buyout
Schaeffers Investment Research· 2025-06-11 03:38
Walt Disney Co (NYSE:DIS) today revealed that it has finalized a $439 million deal with Comcast (CMCSA) to finalize its full acquisition of Hulu. The security also nabbed a price-target hike to $130 from $125 from Loop Capital.DIS is 2.6% higher to trade at $118.75 at last glance, while pacing for its third-straight gain after earlier securing a fresh 52-week peak. The shares have added 34% over the last nine months, and look ready to extend their slim 6.5% year-to-date lead, thanks to a historically bullis ...