Disney Shares Up; Morgan Stanley Raised Price Target
June 13 2019 - 9:51AM
Dow Jones News
By Michael Dabaie
Walt Disney Co. (DIS) shares were up 2% to $138.46 in early
trading Thursday morning.
Morgan Stanley raised it price target on Disney to $160 a share
while reiterating its Overweight rating.
Morgan Stanley raised Disney's long-term direct-to-consumer
subscribers and overall consolidated earnings estimates, leading to
the new price target.
Write to Michael Dabaie at michael.dabaie@wsj.com
(END) Dow Jones Newswires
June 13, 2019 10:36 ET (14:36 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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