Disney's Streaming Profits And Park Rebound Lead The Way: Analyst

BofA Securities analyst Jessica Reif Ehrlich reiterated a Buy rating on Walt Disney Co DIS with a price target of $120.Ehrlich maintained a positive outlook on Disney following its mixed fiscal fourth-quarter results, focusing on its guidance for fiscal 2025 and beyond.Disney’s fiscal fourth-quarter revenue grew 6.3% year-over-year to$ 22.6 billion, slightly above Ehrlich’s forecast of $22.3 billion. Operating income (OI) increased by 16% to$ 3.66 billion but fell below her estimated $3.70 billion. Adjusted ...