UPDATE: Deutsche Bank Raises PT to $53 on Walt Disney


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Deutsche Bank increases its price target from $48 to $53 on Walt Disney (NYSE: DIS) to reflect the company's quality portfolio. Deutsche Bank notes, "Disney has favorable dynamics such as 59% of EBIT from cable networks, limited secular growth concerns (focused on kids, live sports, LT deals), strong competitive positions, leading global brands, strategically complete, and excellent B/S & governance, trading at a narrower premium to the S&P500 P/E than usual (DIS at 12.8x ‘13E)."DIS closed at $43.08 on Friday.

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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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Posted In: Analyst ColorPrice TargetReiterationPre-Market OutlookAnalyst RatingsDeutsche Bank