The Walt Disney Company (DIS) Stock: $165 Price Target And Buy Rating

Apr 4th, 2022 9:33 EST
  • The shares of The Walt Disney Company (NYSE: DIS) have received a $165 price target from Loop Capital. These are the details.

The shares of The Walt Disney Company (NYSE: DIS) have received a $165 price target from Loop Capital. And Loop Capital analyst Alan Gould is maintaining a “Buy” rating on the shares.

Gould adjusted the rating as the performance of the company’s Parks business is more than a reopening play. And Gould boosted the company’s operating income potential on the segment to over $6.5 billion compared to a prior peak of $4.4 billion in 2019.

But Gould acknowledged that Disney’s Indian Premier League cricket broadcasting rights renewal process has to be resolved favorably before there is significant price appreciation.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.

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