Disney's price target raised due to higher revenue forecasts and potential for direct-to-consumer strategy

From Yahoo Finance: 2025-06-28 08:50:00

Guggenheim raised Disney’s price target to $140 from $120, maintaining a Buy rating. The firm adjusted its model to reflect lower theatrical revenue and better sports advertising revenue. Full-year segment operating income forecast was raised to $17.7B. With Hulu fully under Disney control, the firm sees potential for a unified direct-to-consumer strategy.



Read more at Yahoo Finance: Disney price target raised to $140 from $120 at Guggenheim