Rosenblatt analyst Barton Crockett lowered the firm’s price target on Disney (DIS) to $130 from $139 and keeps a Buy rating on the shares. Fiscal Q1 earnings topped consensus, but commentary and the communications stance was “uninspiring,” says the analyst, who notes that Disney retained guidance for double-digit EPS growth, but said “growth basically stalls across its segments” in Q2 and the year is seen as back-end weighted.
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