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☆ Wall Street cuts Disney targets on earnings miss but sees the company as a long-term winner
  + stars: | 2022-11-09 | by ( Carmen Reinicke | ) www.cnbc.com   time to read: +3 min
While a slew of analysts lowered their price targets and future expectations for Disney earnings, many remained bullish on the company, insisting that it's poised to be a winner in the future of streaming. " The firm kept its buy rating on shares but lowered its price target to $122 from $135. Shares of Disney have shed about 35% year to date. Until the division reaches profitability, there could be more pain for investors up to the turning point for the company. Barclays, which has a neutral rating on shares of Disney, sees shares falling further.
☆ Should you buy Netflix stock after the streaming giant's upbeat earnings report? 3 Wall Street analysts share their outlooks for the firm — and where they think its share price is headed next.
  + stars: | 2022-10-20 | by ( William Edwards | ) www.businessinsider.com   time to read: +4 min
Shares of Netflix have been on tear since Tuesday evening when the streaming giant beat expectations in its third-quarter earnings report. Markets InsiderThe upbeat report came after the firm suffered two dismal earnings reports in the first half of the year. On Wednesday morning, Wall Street firms released their analyses of the stock, and updated their price targets for it. It reissued both its underweight rating on the stock and price target of $196, which is 27% downside from current levels. While acknowledging that adding subscribers in the US and Canada would be difficult, he said the firm could increase revenues through price hikes.
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