UPDATE: Morgan Stanley Raises Walt Disney's PT

According to a research report published this morning, Morgan Stanley has increased The Walt Disney Company's

PT from $46 to $51. In the report, Morgan Stanley said, "We are raising our base case/PT and bull case to $51 and $57, respectively. Estimates rise on higher margins at ABC and the multi-year benefit at Studio and Consumer Products from the Avengers global box office success. Expect DIS to generate 10-13% annual OI growth through FY14." Morgan Stanley maintains its Overweight rating on Walt Disney, which closed Friday at $44.49.