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Analysts’ Actions: Entertainment Giant Disney Receives Higher Price Target

July 13, 2023
in Trade Tube
Reading Time: 1 min read
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In Tuesday’s Analysts’ Actions, we highlight positive notes on Disney (DIS) and Juniper Networks (JNPR), while Gap (GPS) gets slapped with a downgrade following its updated first quarter earnings and revenue guidance. Analysts at Deutsche Bank are expecting big box-office hits for Disney. The firm raised its price target to $120 from $105, but kept its HOLD rating. Juniper Networks was upgraded to a BUY rating from NEUTRAL by analysts at Bank of America/Merrill Lynch. The firm also increased its price target to $34 from $27. Analysts like Juniper’s new products. And, Gap was downgraded by at FBR Capital Markets to MARKET PERFORM from OUTPERFORM. The firm lowered its price target to $40, saying it will likely see lower margins. TheStreet’s Kurumi Fukushima reports in New York.

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