Investors Urged to ‘Buy’ Disney Stock
(Orlando Business Journal) -- New York-based J.P. Morgan Chase & Co. has issued a "buy" recommendation on Walt Disney Co. stock. The financial services firm began covering the entertainment giant's stock on Wednesday. J.P. Morgan's announcement follows a downgrade on Disney stock issued July 8 by Kaufman Bros. The analyst firm ratched down its recommendation from "buy" to "hold." On Wednesday, Disney stock was trading in the range of $18.13 per share to $19.10. Its 52-week range is $15.50 to $28.62.
(Orlando Business Journal) -- New York-based J.P. Morgan Chase & Co. has issued a "buy" recommendation on Walt Disney Co. stock. The financial services firm began covering the entertainment giant's stock on Wednesday. J.P. Morgan's announcement follows a downgrade on Disney stock issued July 8 by Kaufman Bros. The analyst firm ratched down its recommendation from "buy" to "hold." On Wednesday, Disney stock was trading in the range of $18.13 per share to $19.10. Its 52-week range is $15.50 to $28.62.