UPDATE: Credit Suisse Raises PT to $61 on Walt Disney Company on Following Earnings
Credit Suisse maintained Walt Disney Company (NYSE: DIS) with an Outperform rating and raised the price target from $58.00 to $61.00.
Credit Suisse commented, "With ESPN positioned to drive solid growth at Cable, benefit from recent Parks investments on the horizon, and the Lucasfilm acquisition complete, we believe DIS offers the best growth among peers, and warrants a premium. DIS currently sells at ~14x FY14 P/E."
Walt Disney Company closed at $54.29 on Tuesday.
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Tags: Credit Suisse