Wall Street Analysts Trim Price Targets for These 5 Stocks

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01. The Walt Disney Company (NYSE:DIS)

Number of Hedge Fund Holders: 95

On August 9, Deutsche Bank’s analyst, Bryan Kraft, changed the price target for The Walt Disney Company (NYSE:DIS). The revised price target now stands at $120, a reduction from the previous value of $131. Despite this adjustment, Kraft upholds his “Buy” rating for The Walt Disney Company (NYSE:DIS) stock. This shift in the price target reflects Kraft’s updated evaluation of The Walt Disney Company (NYSE:DIS) potential market value. The decrease of $11 from the previous target illustrates his re-assessment of the company’s worth, which could be influenced by factors such as recent market trends, The Walt Disney Company (NYSE:DIS) performance, and broader industry dynamics. Kraft’s reiteration of the “Buy” rating ahead of Disney’s quarterly results demonstrates his continued belief in the company’s growth potential. However, his adjustment of the price target reflects his updated perspective, lowering it to $120 from the earlier $131.

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