The Idea is to go long, but wait to see if the trendline will be tested one more time.
Fundamental News
Disney — An analyst at Wells Fargo hiked his price target on Disney to $118 per share from $107 a share. The analyst maintained his “equal weight” rating on the stock, however, noting “we remain more pessimistic than most on the potential length and depth of the coronavirus pandemic and its impact on Parks operations + Studio production.”
Fundamental News
Disney — An analyst at Wells Fargo hiked his price target on Disney to $118 per share from $107 a share. The analyst maintained his “equal weight” rating on the stock, however, noting “we remain more pessimistic than most on the potential length and depth of the coronavirus pandemic and its impact on Parks operations + Studio production.”
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