Disney: Pullback Is A Buying Opportunity Amid Profit Focus (Rating Upgrade)

RinoCdZ I last covered Disney (NYSE:DIS) in May; at the time, I put out a Hold rating, and since then, the stock has lost approximately 7% in price. I expressed concerns in my previous thesis about Disney's valuation. However, I have adapted my model for this analysis, and I am now instigating 12-month and 5-year price targets. Based on my analysis, Disney is a Buy at this time and could achieve substantial 12-month alpha; however, over the long term, I think that the possibility of it achieving alpha is gr ...