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Monday, 26 September 2016

Drexel Hamilton Lowers Rating on Stock of Disney: TheStreet

Published on Sep 26, 2016
Drexel Hamilton has lowered its rating on stock of Disney (DIS) to a hold from a buy, and also lowered its price target to $102 a share. Drexel Hamilton lowered its subscriber estimates due to cord cutting, and said the company's growth will likely be weighed down by losses at Shanghai Disney and difficult studio comps.


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