Morgan Stanley Says Walt Disney Is Rebuilding Profitability And Not Sitting Still

Morgan Stanley analyst Benjamin Swinburne reiterated an Overweight rating on the shares of Walt Disney Company (NYSE:DIS) with a price target of $105.00.

Disney’s fourth-quarter revenue increased 5% year-over-year to $21.24 billion, which missed the estimate of $21.33 billion. Earnings of $0.82 beat the consensus estimate of $0.70.