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JPMorgan backs its Overweight rating on Disney (NYSE:DIS) despite the below-par box office...

Jul. 11, 2013 7:28 AM ETThe Walt Disney Company (DIS) StockDISBy: Clark Schultz, SA News Editor2 Comments
JPMorgan backs its Overweight rating on Disney (NYSE:DIS) despite the below-par box office results for The Lone Ranger. Most investment firms forecast the company will take a charge in Q4 to account for the film's failure to make back its production budget ($55M box vs. +$250M budget), but Disney has so many irons in the fire that the long-term outlook is as solid as ever. DIS +1% premarket to $65.56.

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