Disney Stock Drops 2.63% with 8.41 Billion Shares Traded Ranking 84th in Market Activity

Generated by AI AgentAinvest Market Brief
Wednesday, Apr 16, 2025 7:57 pm ET1min read

On April 16, 2025,

(DIS) experienced a decline of 2.63%, with a trading volume of 8.41 billion, ranking 84th in the day's stock market activity.

UBS Group has reduced its target price for

from $130.00 to $105.00, while maintaining a "buy" rating on the stock. This adjustment was part of a research report released on Tuesday, reflecting the company's current market conditions and future projections.

On April 15, UBS further lowered its price target for

to $105 from $130, affirming a buy rating on the shares. This move was driven by lower earnings projections, recession fears, and various headwinds facing the company.

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