Wells Fargo analyst Steven Cahall lowered the firm’s price target on Disney (DIS) to $148 from $150 and keeps an Overweight rating on the shares. The firm says Disney suffers from “a lack of excitement” in the narrative. Q2 sees a new leadership team with an opportunity to change that. This is a pivotal quarter, and Wells remains bullish as growth acceleration into the second half of 2026.
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