Disney +1.4% on pre-earnings Topeka upgrade


Topeka has upgraded Disney (DIS) to Buy ahead of tomorrow's FQ2 report, and upped its PT by $13 to $91.

The firm thinks improving Parks attendance, favorable ESPN affiliate fee contracts, and a strong film lineup will work to the media giant's favor.

Shares go for 20x estimated FY14 (ends in September) EPS, and aren't far removed from a 52-week high of $83.65.

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