Truist Analyst Remains Bullish On Disney Despite Price Target Cut - Read Why - Walt Disney (NYSE:DIS)

Truist analyst Matthew Thornton lowered the price target on The Walt Disney Co DIS to $160 from $200 and kept a Buy rating on the shares. The price target implies an upside of 15.8%.
Thornton sees reasonable consensus subscribers for the quarter ending April 2.
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He sees the final week as a vital deciding factor.
The DTC content path and new market launches over the next several quarters offer shots-on-goal with continued recovery in Parks and Box Office.
Price Action: DIS shares traded lower by 0.46% at $137.51 premarket on the last check Thursday.

Momentum32.11

Growth63.17

Quality-

Value53.08

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Truist Analyst Remains Bullish On Disney Despite Price Target Cut - Read Why