Market Overview

Wunderlich Securities: Walt Disney Pans Well with Record Breaking Weekend Results

Share:
Related DIS
The Most Compelling Hail Mary For Comcast: Charter
Pivotal's Brian Wieser Previews Q1 Earnings For Big Media Brands
United States Steel & Carnegie Pension Fund Buys Unilever NV, Enbridge, Fortune Brands Home ... (GuruFocus)

According to a research report this morning, Wunderlich Securities is cofident of studio performance for Walt Disney (NYSE: DIS) as the entertainment company brought in a record breaking sophomore weekend results of 100mm+ for the film The Avengers.

Wunderlich Securities explained, “This is after a final record tally $207.4mm debut. The 50% hold was also the best ever for a movie opening at more than $120mm in its first weekend. Other records include fastest movie to $300mm and $350mm, and top ten day gross. (It is certain to move past The Dark Knight as the fastest film to reach $400mm). The Avengers is already #18 on the all-time list domestically, with a $500mm+ domestic tally likely to make it #3 all-time.”

Walt Disney closed Friday at $45.56 as Wunderlich maintains its Hold rating and $46 PT.

Latest Ratings for DIS

DateFirmActionFromTo
Apr 2017RosenblattInitiates Coverage OnNeutral
Mar 2017GuggenheimUpgradesNeutralBuy
Jan 2017Morgan StanleyUpgradesEqual-WeightOverweight

View More Analyst Ratings for DIS
View the Latest Analyst Ratings

Posted-In: Wunderlich Securities: The AvengersAnalyst Color Reiteration Analyst Ratings

 

Related Articles (DIS)

View Comments and Join the Discussion!