Macquarie downgrades Walt Disney to 'neutral' with a price target of $103.00

An analyst from Macquarie downgraded Walt Disney (NYSE: DIS ) from 'outperform' to 'neutral' with a price target of $103.00 from a prior price target of $125.00.
Prior to this rating, Walt Disney had 24 buy ratings, 7 hold ratings, and 0 sell ratings.
For consensus analyst estimates and price targets on Walt Disney, click here. For more news on Walt Disney, click here.
Walt Disney's stock price closed at $93.76. They are down -4.39% in the last month and down -8.46% in the last 12 months.
According to Investing Pro, Walt Disney's fair value is $117.39, an upside of 25.20%. Walt Disney's fair value comes with a low degree of uncertainty, according to InvestingPro.
Check out Walt Disney's recent earnings performance and financials here.

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