Guggenheim colors up on Disney, upgrades shares to Buy


Guggenheim upgrades Disney (DIS) to Buy from Neutral, citing a strong content cycle and international growth opportunities.

The firm hiked its PT to $87 from $77 previously.

Shares +0.7% pre-market

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Comments (2)
  • WisPokerGuy
    , contributor
    Comments (1355) | Send Message
     
    Absolutely LOVE Disney as a long-term investment heading into the new Star Wars releases coming in 2015. Think about how much share appreciation the Marvel brand created. Well, this will be like Marvel on steroids. Any pullback under $70 is a significant buying opportunity (IMO).

     

    Disclosure - Long DIS (and plan to stay that way)
    30 Dec 2013, 12:42 PM Reply Like
  • Market DJ
    , contributor
    Comments (1099) | Send Message
     
    Agree. I bought some DIS in early December for $69, and I will add more next year if there is any pullback.
    30 Dec 2013, 06:36 PM Reply Like
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