Here’s How Morgan Stanley Views Disney

Here’s How Morgan Stanley Views Disney
An exterior view of a Disney store located in the Bayside Marketplace in Miami, on March 04, 2021. Joe Raedle/Getty Images
|Updated:

Morgan Stanley analyst Benjamin Swinburne lowered the price target on The Walt Disney Co. to $170 from $185 and reiterated an Overweight rating on the shares. The price target implies an upside of 19.34 percent.

Swinburne lowered his long-term direct-to-consumer margin expectations following the reset of his Netflix Inc. expectations.