Disney is set to report quarterly results after the bell on Wednesday. Here's what to expect.
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