Morgan Stanley Sees Disney Suffer From Confidence Crisis; Cuts Price Target by 12%

A screen shows the logo and a ticker symbol for the Walt Disney Company on the floor of the New York Stock Exchange, on Dec. 14, 2017. Brendan McDermid/Reuters

Two analysts lowered price targets on The Walt Disney Co. but maintained the rating.

Morgan Stanley analyst Benjamin Swinburne lowered the price target to $185 from $210 (23 percent upside) and kept an Overweight.