News that Barclays analyst Kannan Venkateshwar downgraded Walt Disney Co. from Overweight to Equal-Weight with a price target of $175, down from $210, caught many investors by surprise and caused the stock to sink by 3 percent in Monday’s trading. What Happened Venkateshwar said this downgrade was justified based on a perceived slowing of the…
Analysis: Was Barclays’ Disney Downgrade a Bad Call?
October 19, 2021
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BarclaysBusiness & EconomyCompaniesdowngradeEqual-WeightKannan VenkateshwarMarket WatchMarketsOverweightWalt Disney Co
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