UBS Analyst Reiterates Buy Rating on Walt Disney Co (DIS)
UBS analyst, Douglas Mitchelson, reiterates his Buy rating on Walt Disney Co (NYSE:DIS) ahead of the company’s earnings report.
According to the analyst, the company’s focus will remain on U.S. cable network revenue. The company’s Shanghai theme park launch was strong and the analyst believes that F4Q hotel bookings will be critical.
TipRanks displays DIS as a Moderate buy, with 50% of analysts issuing a Buy rating for DIS, 44% maintaining a Hold rating, and the remaining 6% upholding a Sell rating for shares of the stock.