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The Vetr community on Tuesday downgraded Walt Disney Co (NYSE:DIS) from 4.5 stars (Strong Buy) to 4 stars (Buy). Crowd sentiment was positive, with 65 percent of the Vetr community giving the stock a Buy rating, 30 percent a Hold and 5 percent a Sell.
See how crowdsourced ratings could help you time the market
News of the downgrade came after Disney reported mixed Q1 earnings, beating EPS estimates but missing on revenue. At time of publication, Disney shares were trading down 1.3 percent at $104.77.
The Vetr crowd is bullish, with an aggregated price target of $115.49, implying an 8.4 percent upside. Despite mixed earnings, analysts are strongly bullish. The 12-month consensus price target is at $125, implying a strong upside.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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