Disney’s stock was downgraded by investment company KeyBanc Capital Markets over fears of stalled growth due to lower attendance at its Disney World and Disneyland theme parks and lower streaming viewership.
“While Disney appears less expensive versus its historical average, we believe the stock is unlikely to work until a number of items have line of sight to being resolved,” analyst Brandon Nispel wrote, Barron’s reported .
KeyBanc analysts reduced Disney’s rating from overweight to sector weight, coming […]
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