UPDATE: Miller Tabak Raises Target to $48 on Walt Disney

by Benzinga Staff
February 13, 2012 11:36 AM | 29 seconds read

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

Miller Tabak raises its short term price target on Walt Disney (NYSE: DIS) to $48 from $44 as it reiterates its Buy rating on shares following the company's 1Q12 results. Miller Tabak says, "We are revising our Walt Disney Company (DIS-$41.45-Buy- ST Target $48, LT $53) estimates for the 1Q12 Studio margin miss, management comments on Media Network pacings and scatter market strength that are in line with our Broadcasting estimates but stronger for the Cable Nets, and a continuing improvement in the Parks & Resorts outlook."DIS closed at $41.45 a share on Friday.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

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Posted In: Analyst ColorPrice TargetReiterationIntraday UpdateAnalyst RatingsMiller Tabak

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