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Guggenheim downgraded Walt Disney (NYSE:DIS) from Buy to Neutral in a statement released earlier today.

Guggenheim has downgraded Walt Disney (NYSE:DIS) from Buy to Neutral in a statement released on Thursday October 12, 2017.

On 10/9/2017, RBC Capital Markets released a statement for Walt Disney (NYSE:DIS) bumped down the target price from $130.00 to $125.00 that suggested an upside of 0.25%.

Boasting a price of $98.55, Walt Disney (NYSE:DIS) traded -1.07% lower on the day. The last stock close price is down -8.07% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the date range. Walt Disney has recorded a 50-day average of $99.71 and a two hundred day average of $106.06. Volume of trade was down over the average, with 3,207,708 shares of DIS changing hands under the typical 7,912,690

Performance Chart

Walt Disney (NYSE:DIS)

With a total market value of $0, Walt Disney has PE ratio of 17.29 with a one year low of $90.32 and a one year high of $116.10 .

A total of 27 brokerages have issued a ratings update on Walt Disney. Six brokerages rating the company a strong buy, twelve brokerages rating the company a buy, 14 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 1 firm rating the stock a sell with a consensus target price of $108.81.

General Information About Walt Disney (NYSE:DIS)

The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations. Under the Parks and Resorts segment, the Company's Walt Disney Imagineering unit designs and develops new theme park concepts and attractions, as well as resort properties. The studio entertainment segment produces and acquires live-action and animated motion pictures, direct-to-video content, musical recordings and live stage plays. It also develops and publishes games, primarily for mobile platforms, books, magazines and comic books. The Company distributes merchandise directly through retail, online and wholesale businesses. Its cable networks consist of ESPN, the Disney Channels and Freeform.

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