Analyst Bio:
“This is shaping up as a difficult period for Disney,” Rosenblatt Securities analyst Barton Crockett wrote in a note to clients Tuesday, as he lowered his price target on the media giant’s stock DIS, 0.49% to $111 from $118.
But Crockett said he still has hope for the shares, and he reiterated his buy rating on them in his latest report, writing that “asset value is meaningful, and seems likely to be realized, one way or another.”
