Morgan Stanley analyst Benjamin Swinburne reiterated an Overweight rating on the shares of Walt Disney Co (NYSE: DIS) with a price target of $115. The analyst continues to believe Disney can deliver significant earnings growth over the next several years. The growth is expected to come through continued growth at its Parks & Experiences businesses (DPEP) and a return to growth for its Media & Entertainment businesses (DMED) in F24. The analyst forecasts adjusted EPS growing at a 20%+ CAGR from F
Walt Disney Co (NYSE: DIS) proposed to discuss activist investor Nelson Peltz's bid seeking a board seat on the media and entertainment conglomerate at its annual shareholder meeting on April 3. The board urged shareholders to vote against a proposal of Peltz's Trian Group that would reverse recent board changes to bylaws and against a shareholder proposal requesting a report on the company's reliance on China operations, Reuters reports. In February, Trian wrote to Walt Disney shareholders to r
Proposal from Republican Ron DeSantis stops short of dissolving district amid feud with state’s biggest private employer