Raymond James raises Disney price target to $119
The Walt Disney Company saw its price target lifted to $119 from $115 by Raymond James.
This change follows the company’s better-than-expected Q2 results.
The company’s strength is supported by its strong franchise IP and robust Parks and Experiences cash flows.
Wells Fargo also adjusted its price target, lowering it to $146 from $148, while maintaining an Overweight rating.