Multiple analysts raised their stock price targets for the Mouse House as the company traded higher on Feb. 9 after disclosing its first earnings report since Iger's return.
wrote in the headline of his post-earnings report, invoking Pixar franchisewhile maintaining his “buy” rating. “Bob Iger returned to center stage, outlining his view of creative/financial alignment, managing costs, curating content offerings and amplifying the consumer parks experience,” Morris wrote and expressed optimism about the company’s move to three reporting segments, namely Disney Entertainment, ESPN and Disney Parks, Experiences and Products .
a share, noting: “While we are encouraged by Bob Iger’s strategic vision for DIS, this is clearly the first phase in DIS’ transformation, which will require adept execution. Bob Iger has a long, strong track record which provides confidence he will manage this transition for DIS.”, while sticking to his “overweight” rating for Disney, which is one of his firm’s so-called “signature picks.” Disney’s earnings update provided “everything the bulls wanted,” he explained.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Twitter suffers 'massive outage' after Elon Musk's cost cuttingInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Lire la suite »
Analysts praise Disney's cost-cutting plan, say focus on profitability is 'restoring the magic'The commentary from analysts comes after Disney revealed a new cost-cutting plan that included plans to slash 7,000 job and cut $5.5 billion in costs.
Lire la suite »
Nelson Peltz Abandons Disney Proxy Fight, as Bob Iger Says “Everything Is on the Table” for HuluThe Disney CEO also discussed succession and cost cutting on CNBC.
Lire la suite »
Nelson Peltz Abandons Proxy Fight With DisneyActivist investor Nelson Peltz said this morning that he’s ending his proxy fight againt Disney after CEO Bob Iger announced sweeping restructuring and cost cutting plans yesterday alongside …
Lire la suite »
Disney stock gains as Bob Iger's earnings return produces a beat despite Disney+ disappointmentDisney Chief Executive Bob Iger returned to the earnings stage Wednesday and delivered a big beat, largely thanks to improving financial results at $DIS’s theme parks, but Disney+ subscribers declined more than expected.
Lire la suite »
Opinion | Joe Manchin: Stop the political blame game and start cutting the debtCapping the annual growth of discretionary spending at 1 percent for the next 10 years would save more than $1 trillion.
Lire la suite »