Rosenblatt Reaffirms Buy Rating on Walt Disney Stock Amid Positive Earnings

Rosenblatt Securities has reconfirmed its 'buy' rating for Walt Disney's (NYSE:DIS) stock, setting a price target of $126.00, which represents a potential upside of 23.60% from the current market price.

This is not the only positive note for DIS, as several other brokerages have also recently weighed in on the entertainment giant. Citigroup dropped their price target on shares of Walt Disney from $145.00 to $135.00 and set a 'buy' rating for the company in a research note on July 29th.

Additionally, analysts predict that Walt Disney will post 6.83 earnings per share for the current fiscal year, with a consensus price target of $127.59 and an average rating of 'Moderate Buy'. However, there are also some cautionary views on the company's performance, as international tourism weakness and underperforming releases remain risks.