Analysts: Disney Set to Outperform and 3 More Research Notes to Look Through
Disney (NYSE:DIS): Macquarie has upgraded Disney based on what it considers to be attractive valuation, and increased confidence in the sustainability of the Parks and Studios divisions. It now rates the shares Outperform, up from Neutral, with a price target of $75, up from $70.
Wynn Resorts (NASDAQ:WYNN): ITG Research warns that Wynn Resorts Q2 revenues are tracking below the Street due to Macau share loss, at $906 million to $953 million, versus the consensus of $955 million.
New York & Co. (NYSE:NWY): Brean Capital believes the risk/reward profile for New York & Company remains compelling, following a meeting with management. The firm reports that management remains focused, and commented on its opportunities ahead, namely the upgrades to its inventory systems, the launch of its e-commerce platform, and optimization of its full-priced store base. It rates the shares at Buy, with a $6 price target.
Edison International (NYSE:EIX): Bernstein believes that Edison has reached an attractive entry point, after it announced that it would no longer seek to restart its idled San Onofre Nuclear Generating Station. Bernstein believes that the stock can provide a 20 percent return through the end of 2014.
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