Daiwa analyst Jonathan Kees says that while some view Disney’s settlement with the Florida government as a surrender, the firm disagrees. The settlement “removes a risk that has hung over the name,” the analyst tells investors in a research note. Daiwa keeps a Buy rating on Disney shares with a $133 price target.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DIS:
- TTWO, LYV, DIS: Which Entertainment Stock Is the Strongest Buy?
- Disney (NYSE:DIS) Shareholder Showdown: Battle for Board Seats Intensify
- Buy/Sell: Wall Street’s top 10 stock calls this week
- Early notable gainers among liquid option names on March 28th
- Disney urges shareholders to vote for its 12 director nominees