Argus Research Boosts Price Target on Disney (DIS)

Media and entertainment giant The Walt Disney Company (DIS) had its price target increased by analysts at Argus Research on Friday.

The analysts maintain a “Buy” rating on DIS and raised its price target from $60 to $65. This new target suggests about a 20% upside to Thursday’s closing price of $54.36.

Disney shares were up slightly during morning trading on Friday. The stock is up about +32% over the past year.

The Bottom Line
Shares of Disney (DIS) have a dividend yield of 1.38% based on Friday’s intraday trading price of $54.41 and the company’s annualized dividend payout of 75 cents per share.

The Walt Disney Company (DIS) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

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