Citi lowered the firm’s price target on Disney (DIS) to $140 from $145 and keeps a Buy rating on the shares ahead of the fiscal Q1 report on February 2. The firm sees headwinds from the Fubo acquisition but expects the focus to be on ESPN Unlimited’s growth.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DIS:
- BBC Set to Team Up with YouTube in New Content Deal
- Comcast Stock (NASDAQ:CMCSA) Notches Up Despite Growing Dependence on ESPN
- Disney establishes new enterprise marketing organization
- Walt Disney Trending: Analysts See Upside for DIS
- Hollywood Faces AI Cloning Risk as Matthew McConaughey Tests a Trademark Strategy