Goldman Sachs upgrades Walt Disney (DIS) to a Conviction Buy rating and increases its price...

|About: The Walt Disney Company (DIS)|By:, SA News Editor

Goldman Sachs upgrades Walt Disney (DIS) to a Conviction Buy rating and increases its price target on shares to $51 from $44 on the strength of the potential for sports channel ESPN and theme parks to lift earnings higher. The firm also raises its estimates for FY12 and FY13 by 1% and 4%, respectively. Shares +0.5% premarket.