Wells Fargo Remains a Buy on Walt Disney (DIS)

Wells Fargo analyst Steven Cahall maintained a Buy rating on Walt Disney (DIS – Research Report) yesterday and set a price target of $141.00. The company’s shares closed yesterday at $111.99.

Cahall covers the Communication Services sector, focusing on stocks such as Paramount Global Class B, Charter Communications, and Comcast. According to TipRanks, Cahall has an average return of 2.9% and a 52.09% success rate on recommended stocks.

Walt Disney has an analyst consensus of Strong Buy, with a price target consensus of $124.93, which is an 11.55% upside from current levels. In a report released yesterday, UBS also maintained a Buy rating on the stock with a €30.00 price target.

The company has a one-year high of $123.74 and a one-year low of $78.47. Currently, Walt Disney has an average volume of 11.9M.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Walt Disney (DIS) Company Description:

The Walt Disney Co. is a diversified entertainment and media enterprise. It operates through the following segments: Media Networks, Parks, Experiences and Products, Studio Entertainment and Direct-to-Consumer & International (DTCI).
The company owns domestic cable networks like Disney, ESPN, Freeform and National Geographic, is involved in the production and distribution of television and motion picture content, operates theme parks, resorts, cruise lines and also offers streaming services.
Founded by Walter Elias Disney on October 16, 1923, the company is headquartered in Burbank, CA.