Disney price target lowered to $140 from $150 at Credit Suisse Credit Suisse analyst Douglas Mitchelson lowered the firm's price target on Disney to $140 from $150 and keeps an Outperform rating on the shares. The analyst notes that there remains virtually no visibility as to when sports and Hollywood content production will resume and reopenings for Theme Parks and theaters will take place, but he assumes beginning of June. Also uncertain is the depth of impending advertising declines, particularly digital, local and international, much less offsetting cost mitigation potential, he adds
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