Rosenblatt Securities Remains Bullish on Walt Disney Co
Rosenblatt Securities analyst Martin Pyykkonen weighed in with a few comments on Walt Disney Co (NYSE:DIS) following the opening of the company’s latest cinematic feature, “Inside Out”. The analyst maintained a Buy rating on the stock with a price target of $130. Shares of DIS are currently trading at $113.97, up $0.44, or 0.39%.
Pyykkonen observed, “Disney’s Pixar Studio’s Inside Out opened this past weekend domestically at ~$92 million box office. It may have been overshadowed somewhat by Universal Studios’ second weekend of Jurassic World which did >$100 million domestic box office, but Disney’s Inside Out was actually the highest opening weekend for any completely original film since 20th Century Fox’s Avatar in December 2009.”
According to TipRanks.com, which measures analysts’ and bloggers’ success rate based on how their calls perform, analyst Martin Pyykkonen has a total average return of 6.4% and a 50.0% success rate. Pyykkonen has a -36.1% average return when recommending DIS, and is ranked #1691 out of 3640 analysts.
Out of 22 analysts polled by Tipranks, 16 rate Micron stock a Buy, and 6 rate the stock a Hold. With a return potential of 8.70%, the stock’s consensus target price stands at $123.73.