We could have made the same statement several times so far in 2012 as the entertainment company’s shares have appreciated 34.6%. But today’s 1.4% increase, to $50.49, stands out because it comes the day after the company reported earnings that beat the Street’s forecasts. That led several analysts to raise their price targets including Janney Capital Markets’ Tony Wible (to $56 from $49), Lazard Capital Markets’ Barton Crockett ($56 from $53), Nomura Equity Research’s Michael Nathanson ($55 from $51), and Bernstein Research’s Todd Juenger ($57 from $55).
Disney Shares Hit All-Time High
What's Hot on Deadline
More From Lieberman
- NYC Passes Tokyo As Top Entertainment & Media Spender – Report
- Can CEOs Convince Wall Street That TV’s Lost Ad Dollars Will Come Back?
- Former Fox Station Employee Commits Suicide Outside Corporate Headquarters
- Would A Hollywood Deal With Alibaba Be Cause For Alarm Or Elation?
- Viacom’s Philippe Dauman Made $44.3M In 2014, +19.3%
- Wall Street Wonders: Can DreamWorks Animation Survive Another Failure?