Citi Maintains Buy Rating on Walt Disney

According to Citi, Walt Disney DIS Buy rating is reiterated. Citi said that each week, it collects proprietary pricing data for Disney resorts on the East Coast and the West Coast. “Flattish attendance coupled with positive pricing trends (particularly at the larger East Coast resorts) is consistent with our current forecast. As such, we maintain our FY12 EPS of $2.82 and FY13 EPS of $3.25. Reiterate Buy and $42 price target.” Walt Disney closed yesterday at $39.25.