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Deutsche Bank Sticks to Their Buy Rating for Walt Disney (DIS)

Tipranks - Tipranks - Fri Aug 7, 8:22AM CDT

Deutsche Bank analyst Bryan Kraft maintained a Buy rating on Walt Disney today and set a price target of $135.00.

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Kraft covers the Communication Services sector, focusing on stocks such as Echostar, Charter Communications, and Cinemark Holdings. According to TipRanks, Kraft has an average return of 14.6% and a 58.22% success rate on recommended stocks.

In addition to Deutsche Bank , Walt Disney also received a Buy from Barclays’s Kannan Venkateshwar in a report issued today. However, yesterday, TD Cowen reiterated a Hold rating on Walt Disney (NYSE: DIS).

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Based on Walt Disney’s latest earnings release for the quarter ending June 27, the company reported a quarterly revenue of $25.25 billion and a net profit of $2.64 billion. In comparison, last year the company earned a revenue of $23.65 billion and had a net profit of $5.26 billion

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